Last Wednesday, Guy Adami recommended Wal-Mart (WMT) after it showed huge momentum coming out of its shareholder meeting.
But since the call, the stock has pulled back 3%. Guy apologizes for his “awful timing,” but he still thinks people are going to move from Target (TGT) to Wal-Mart and he wants to stay with it.
On Monday, Pete Najarian saw unusual options activity in Verasun (VSE) and recommended it. The stock performance didn’t follow the options, though, and shares of VSE are down 2% since the call.
Pete points to considation in ethanol and says Verasun “could be the next one to fall.” He’s sticking by it.
On June 6, Eric Bolling was bullish on International Game Tech (IGT), although the stock dropped 6% since then.
Eric, too, is sticking by his call, saying the price only fell 40 cents and that doesn’t warrant a “fast firing.”