Nobody’s perfect - In this feature we reveal which of the guys’ picks didn’t pan out. Of course, we also ask them what went wrong!?
On April 18th the Pit Boss recommended Energy Conversion Devices (ENER) on news it was “exploring strategic alternatives."
The stock closed down over 6% on Friday. Dylan Ratigan asks are you still staying with it?
Pete is speechless.
On April 4th The Admiral recommended South Korean steel maker POSCO (PKX) because “It’s on Warren Buffet’s must have list.”
Dylan Ratigan says the stock is down 3%.
Eric Bolling replies stay with it. There’s 11% growth in China.
On April 13th The Lone Wolf recommended Yahoo! (YHOO) because “They don’t have a big bullseye on them like Google (GOOG) does. I think Yahoo is quietly making a comeback and I want to own them.”
Dylan Ratigan reminds Jeff the company missed earnings this week.
Jeff says the company is dead to me. It happens, I was wrong.
The Negotiator recommended Toyota (TM) many time on “Fast Money.” Then, Herb from California writes “Can anyone tell me why Toyota has had such a drastic decline since January? TM is the best in every category, especially in sales and profits and market gain. So why the fall-off?
Dylan says TM is down 5% since Guy last recommended TM.
Guy replies the stock should be $140 and he doesn't understand why it's not.