Burned By: Green Plains Renewable Energies

A long position in Green Plains Renewable Energy looked like a hot trade but all it did was burn. So what does Brian Kelly have to say about this stock now?

BK made the fateful call on October 5th, listing this stock as one of several bullish bets he’d make as a play on ethanol.

Although the company may generate lots of energy, as a trade shares of Green Plains sure ran out of steam. Since Kelly suggested taking a long position shares are down about 8%.

So what does he have to say about this stock now? Find out in this web extra.


This content is only available online - you won't find these trades on TV.




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Trader disclosure: On November 2nd, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova owns (APA), (AAPL), (AXP), (C), (GOOG), (GS), (FCX), (IBM), (NOV), (ORCL), (PCP), (PEP), (PFE), (UPL), (VRTS), (XBI); Finerman owns (AAPL); Finerman & Finerman’s Firm owns (BAC); Finerman & Finerman’s Firm owns (JPM); Finerman’s Firm owns (MSFT); Finerman’s Firm owns (WMT); Finerman's firm is short (IJR); Finerman's firm is short (MDY); Finerman's firm is short (SPY); Finerman's firm is short (IWM); Finerman’s firm owns S&P 500 puts; Finerman’s firm owns Russell 2000 puts; Cortes is short (AAPL); Cortes owns (GOOG); Cortes is short (RSX); Cortes is long S&P 500; Cortes owns (K); Cortes owns (TSN); Cortes owns (CLX); Cortes is short crude oil; Cortes is short gold; Cortes owns U.S. Treasuries; Clifton owns (BA), (CNX), (FDX), (LLY), (LO), (MA), (MCO), (MO), (NSC), (PPA), (RHI), (SO), (TE), (X), (MUB)

For Brian Kelly
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For Joe Terranova
Terranova is chief market strategist of Virtus Investment Partners, LTD.
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For Dan Niles
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For Ed Groshans
In the normal course of its business, Height Analytics and its broker dealer affiliate, Height Securities, may seek to perform investment banking and other services for companies, and receive compensation in connection with such services. As such, investors should assume that Height intends to seek investment banking and other business relationships with any and all companies mentioned in today’s appearance.

For Dan Greenhaus
***No Disclosures***

For Scott Nations
Nations is long (SPY)



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