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Getting Ahead Of Gap

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Gap (GPS) reports earnings on Thursday before the bell. That leaves you only one day to make your move. What is it?

Jeff Macke says there is no turnaround happening at Gap. Don’t short the stock, he says. Jeff adds, if they hire a CEO that the industry likes the stock should go much higher.

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Trader disclosure: On May 22, 2007, 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 (SWY); Najarian Owns (MDT), (STI); Bollings Owns Coffee, Sugar, Gold, Silver, March Natural Gas Futures, Is Short April Natural Gas Futures