Sometimes a stock is hot and other time it just burns. Following are the Fast Money misfires.

Karen Finerman

On June 30^th the Chairwoman thought she’s found a 4-star trade. At the time she said, “I’m looking at Macarthur (MACDF) . This is an Australian company. Posco owns a stake; I don’t own a stake yet but I hope to when the market opens.”

This bad trade just faded away like an old soldier. Since Finerman’s buy recommendation shares of Macarthur dropped by 10%.

I think it’s still interesting, says Karen. I’m a little spooked by the coal sell-off but I’m staying with my trade.

Pete Najarian

On July 1^st the Pit Boss thought he’d power his portfolio with an energy trade. At the time he said, “I still think you can own ConocoPhillips

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[COP  Loading...      ()   ] regardless of the price. I like their exposure in natural gas.

Since Najarian recommended ConocoPhillips shares have plunged 12%, with nat gas following oil lower.

I got liquidated, says Pete. That’s all I can say.

Joe Terranova

On July 8^th the Liquidator sought profits with a search trade. At the time he said, “I like Google

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[GOOG  Loading...      ()   ]  and I own Google.”

Unfortunately this trade just didn’t click. Since his call to get long shares of Google are down almost 10% due largely to customers clicking less frequently on ads.

Goldman has a $650 price target on the stock, Joe says, so I'm sticking with it for now.

Jeff Macke

On July 15^th the Lone Wolf made some rather crude remarks. At the time he said,  “Oil didn't really fall off a cliff, I'm long the USO

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[USO  Loading...      ()   ].”

Since Macke said to get long oil, futures contracts have descended down a slippery slope. Since his call the USO dropped 6%.

It broke the trendline and I sold, says Jeff. Get out.

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Trader disclosure: On July 18, 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 (ATVID), (MSFT), (GS), (WMT), (HAS); Pete Najarian Owns (AAPL), (CHK), (TSO), (XLF); Pete Najarian Owns (CSCO) Calls, (MRK) Calls, ; Pete Najarian Owns A (YHOO) Call Spread; Finerman Owns (GS); Finerman's Firm And Finerman Own (PDE); Finerman's Firm Owns (MCC), (MSFT), (SUN), (TSO), (VLO), (MCC); Finerman's Firm And Finerman Own (C), (C) Leap; Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM); Terranova Owns (VLO), (RIMM), (INTC), (YHOO), (GOOG), (CME), (FCX), (BNI), (XLF), (IYT), (SU), (SA); Terranova Is Short September Crude Oil $130 Puts; Terranova Is Short September Crude Oil $130 Calls; Terranova Is Long September Crude Oil $154 Calls

Terranova Is Phoenix Investment Partners' Chief Alternatives Strategist And Co-Manages The Phoneix Diversifier Fund; Phoenix Investment Partners Owns More Than 1% Of (DBV), (RWX), (LNET), (EXR), (SKT), (DLR), (IGE), (ARE), (DBC), (ABD), (OFC), (CLB), (BLV), (CNTY), (FL), (HPC), (PSPT), (ESS), (OIIM), (BIG), (ENG), (PFD), (DRH); Phoenix Diversifier Fund Owns (IGE), (DBC), (DBV), (GOOG)

Charles Schwab Is A Sponsor Of "Fast Money"

Phoenix Investment Partners Owned (GOOG) On 7/8/08, Terranova Owned (GOOG) On 7/8/08; Macke Owned (USO) On 7/15/08

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