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Picks That Didn't Perform

Friday, 20 Apr 2007 | 9:13 PM ET

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!?


Pete Najarian

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.

Eric Bolling

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.

Jeff Macke

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.

Guy Adami

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.

  Price   Change %Change
GOOGL
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ESNR
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7203.T
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YHOO
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Questions? Comments? fastmoney@cnbc.com

Trader disclosure:
On APR 20, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders. Bolling Owns (SZE), (VE), Gold, Silver, Corn; Bolling Is Short Soybeans Najarian Owns (IBN), (PEP)On 4/18/07 Najarian Owned (AXP), (ENER)

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  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report

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  • CNBC's Eamon Javers reports on Bill Ackman's stake in Allergan. Javers says this is a classic case of insider trading that is not against the rules.

  • FMHR trader Josh Brown thinks Dunkin' Brands looks fantastic technically, while Mike Murphy says investors are questioning the company's massive expansion plans.