The Latest Picks That Paid – Friday May 22nd
Our traders are good but you knew that. Check out their latest picks that paid in a feature we call “Quicker Than The Ticker."
On May 13th the Ambassador headed far away for a metals play. At the time he said, “Some of the miners in South Africa and Australia have never been more profitable, look at Gold Fields .”
Seems like Seymour has the midas touch. GFI shares surged 9% as as investors battled the bear with bullion.
On May 17th the Liquidator bet that the Bank of America bounce was over. At the time he said, “Bank of America for me, it’s a classic short squeeze.”
Looks like Terranova avoided a pinch. After multiple stock offerings and a ratings downgrade, shares plunged 16%.
On May 14th the Pit Boss took a shine to Titanium Metals. At the time he said, this is a stock that’s underperformed for quite a while. I like the valuation levels.”
You might say Najarian’s trade was elemental. Shares of the metals maker jumped 14-percent as investors bet its strong balance sheet could weather the economic downturn.
Now that’s Fast Money.
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Trader disclosure: On May 22nd, 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 (AAPL), (BBT), (EEM), (FLR), (TTM), (INFY); Seymour is Short (FCX); Terranova Owns (ABI), (JOYG), (XBI), (TER); Terranova Owns (DIS) Call Spreads; Terranova Owns Oil Futures; Terranova Owns Nat Gas Futures; Terranova Owns (DIS) Calls; Terranova Owns June Gold Futures; Grasso Owns (AMZN), (RIMM), (V); Grasso's Clients Own (AMZN), (PG), (X), (MA), (VA), (ALL), (AMP), (JPM), (WFC), (SUN), (PBR), (POT), (MOS), (MSFT), (IBM), (XLE); Najarian Owns (ISIS), (BCSI); Najarian Owns (APC) Call Spread; Najarian Owns (AMD) Calls; Najarian Owns (BX) Calls; Najarian Owns (INTC) Calls; Najarian Owns (PALM) Call Spread; Najarian Owns (MOS) Call Spread; Najarian Owns (XHB) Call Spread; Najarian Owns (XLB) Call Spread; Najarian Owns (XLU) Call Spread