RECENT POSTS
FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
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.
Text Size 
 |
They looked like hot stocks; so how are the Fast Money traders playing Pulte, Fortress and other losers, now that they've been burned!
Guy Adami
On May 4th the Negotiator thought he’d hunker down with a long position in Fortress [FIG
Loading...
()
]. At the time he told the panel, “I still think there’s room on the upside.”
But since Adami said it could go up this stock has taken the express elevator down with shares off 26%. What does Adami have to say for himself?
"I stayed at the party too long," he admits. "I thought it was okay to own on the secondary but I was wrong!"
Karen Finerman
On May 4th the Chairwoman suggested building a position in homebuilder Pulte [PHM
Loading...
()
]. She said, “if you think the bottom is in, and I actually think it may be in, then Pulte is the way to go. Nice balance sheet, a lot stronger than some of the others in the same space.”
But since the Chairwoman said to get long the stock lost its foundation, down 18%. What does Finerman have to say for herself?
"I was wrong," she admits. "There's no other explanation."
Pete Najarian
On May 5th the Pit Boss suggested playing Boyd Gaming [BYD
Loading...
()
] due to unusually bullish options action. He said, “They were buying the May 10 calls last week, May 12 calls today. Four times the interest today, keep an eye on it, absolutely screaming run, continues to run into this number.”
But since the Pit Boss placed his bets Boyd dropped 11%. What does Najarian have to say for himself?
"My casino trade 'crapped' out," admits Pete Najarian. "That's what happens when you belly up to the table."
Tim Seymour
On May 4th the Ambassador thought a shipping stock was about to sail higher. At the time he said, “I happen to think that Dryships [DRYS
Loading...
()
] is an investment here if only because they have seemingly forestalled the problems in their balance sheet. So they have a billion seven in cash to work with. They've got some cap ex next year, that leaves them still with a cash cushion.”
But since the Ambassador hopped on board the stock dropped anchor, plunging 25%. What does Seymour have to say for himself?
"I'm still in the name and I'm hanging on for dear life," he reveals.
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- Your First Move For Friday November 27th
- Web Extra: Private Equity, Conviction Buy?
- Pops & Drops: Abercrombie & Fitch, Nucor...
- Giving Thanks: Seymour
- Your Questions About... Alcoa & The Dollar
- Best Wishes Regis
- Gartman's Annual Rules For Trading
- Chartology: December Outlook
- Holiday Toy Trades
______________________________________________________
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 May 15th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (DRYS), (RIMM), (RIG), (TSL), (F), (AAPL), (BAC), (BX), (EEM), (FXI), (TSL); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman's Firm Owns (PBR), (RIG); Finerman's Firm Owns (BAC) Preferred, (WFC) Preferred; Finerman's Firm Is Short (XRT), (BAC), (WFC); Najarian Owns (CELG); Najarian Owns (AMD) Calls; Najarian Owns (BX) Calls; Najarian Owns (INTC) Calls; Najarian Owns (MOS) Call Spread; Najarian Owns (XHB) Call Spread; Najarian Owns (XLB) Call Spread; Najarian Owns (XLU) Calls
Data is a real-time snapshot *Data is delayed at least 15 minutes