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Web Extra: Burned by General Mills

A long position in General Mills looked like a hot trade but all it did was burn. So how is Guy Adami gaming this stock now?

The Negotiator made the fateful call on July 14th.

At the time he said, "If you want to hide, and generally I don’t usually say things like that, but I think General Mills is an interesting place to be right now."


Unfortunately a long position in General Mills didn't hide you from anything.

Since he said to establish a position shares are down about 5%.

What does he have to say about this stock now?

Watch the video and find out in this web extra!


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Trader disclosure: On Aug 13, 2010, 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 (BAC), (BX), (GOOG); Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Terranova owns (AKAM), (BAX), (FCX), (MOS), (PFE), (SU), (XBI); Terranova owns (GLD) Calls; Jon Najarian owns (CSCO) short calls; Jon Najarian owns (LVS) short calls; Jon Najarian owns (AA) short calls

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