Circuit City is far from the best of breed electronics retailer, but no matter how bad it is you can’t short it, Jeff Macke says. Just don’t get long, either (but Guy Adami points to a cleaned up balance sheet. Maybe it’s not that bad).
As for FedEx, Eric Bolling doesn’t think it’s worth the risk. With fuel prices so high, he can’t get behind anything that has fuel as a major cost component.
Trader disclosure: On June 18, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:Najarian Owns (CHU), (MS); Bolling Is Short (FXI) and owns (FXI) Puts
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