FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our
"Question of the Day" right now.
TRADER RADAR Which stock should be on your screen? Follow the clues to solve this puzzle.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
EMERGING MONEY TOP 20
Fast Money's index for the world.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
 |
Guy Adami
Last week on April 1st the Negotiator expected to see some upside in a transport name. At the time he said, "I like Fed Ex [FDX
Loading...
()
]. On March 20th they announced earnings and guided lower, but the stock is up 12%. What does that mean? Yes, bad news is out there, but the stocks have discounted it."
Maybe you shouldn’t call Adami when you absolutely, positively need a trade overnight. After competitor UPS lowered its outlook, FedEx fell in sympathy.
I got ahead of myself, says Guy Adami, but I do think FedEx could outperform in the second half of ’08.
Jeff Macke
Last Monday on March 31st the Lone Wolf went for this hen house stock. At the time he said, "You fund managers long Cal-Maine [CALM
Loading...
()
] learned a very cruel lesson about not counting your chickens before they're hatched into the end of their quarter. I think you build a position."
Unfortunately, it looks like Macke’s goose is cooked on this trade. After he said to buy on the dip, Cal-Maine shares are down.
The story has cracked and gone rotten, Macke now says. You should no longer be long this egg maker.
Tim Seymour
On Wednesday April 9th the Ambassador recommended betting against a foreign steel name. At the time he said, "Mechel Steel [MTL
Loading...
()
], we've talked about it, really a mining coking coal play, one of the largest, the largest in Russia, who's got a ton of it. Short it and buy it back at 130."
Looks like you’ll need nerves of steel for this trade. Shares ripped higher, up 6% the very next day after Seymour’s short call.
The stock is up 40% in the last month, explains Seymour. I still think it will go to $130 before it goes to $155.
Check Out These Other Posts |
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send your e-mail to .
Trader disclosure: On Apr. 11, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (INTC), (YHOO), (MSFT); Jon Najarian Owns (AAPL), (AMR), (FDX), (PDLI), (TSO); Jon Najarian Is Short (HOG), (IBM), (WB); Seymour Owns (AAPL), (CSCO), (MER), (MSFT), (TSO), (INTC); Seygem Asset Management Owns (TSM), (COP), (SSL), (EEV); GE Is The Parent Company Of CNBC
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes