Credit Suisse downgraded the firm to “Underperform” from “Outperform” citing management's move to cancel the acquisition of four vessels. They also lowered their target price to $9 from $30. As the traders have been telling you for some time, it's time to take profits in DRYS.

When you have moves like we’ve had in Diana [DSX] you’ve got to trade around it, says Karen Finerman. UnitedHealth [UNH] is the same.

When you have moves like we’ve had in Diana [DSX] you’ve got to trade around it, says Karen Finerman. UnitedHealth [UNH] is the same.

I think there’s still upside in Freeport McMoRan [FCX] but that’s another name in which you’ve got to take some off the table, says Pete Najarian.

The short interest in Frontline [FRO] is massive, adds Tim Seymour. And Centex [CTX] and Lennar [LEN] are up 30- 50% in the last month. I’d be out.

The short interest in Frontline [FRO] is massive, adds Tim Seymour. And Centex [CTX] and Lennar [LEN] are up 30- 50% in the last month. I’d be out.

The short interest in Frontline [FRO] is massive, adds Tim Seymour. And Centex [CTX] and Lennar [LEN] are up 30- 50% in the last month. I’d be out.

I told you to take profits the other day in Target [TGT], exclaims Guy Adami. You've got to move quickly and trade this market!