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Recent Picks That Burned The Traders

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Of course, nobody’s perfect! Click here to find out which of the recent picks didn’t quite pan out.

Guy Adami

On June 11th, The Negotiator thought Western Union (WU) was headed north and said “This is a sector that’s ripe for consolidation. I like this stock on any pull back.”

But word that Wal-Mart (WMT) might be edging in on Western Union's turf with a new financial services arm sent shares south, down 7%.

Today Guy still likes Western Union and doesn’t think WMT will have a negative impact on WU’s business.

Jeff Macke

On June 5th, The Lone Wolf recommended an old favorite. He said “(At) Gymboree (GYMB) they baby the dad, the babies; I think you can play with them. Love the CEO.”

But shares weren’t feeling the love from The Street; they’re down 6% on a downgrade.

Today Jeff says long term GYMB will be just fine, although he doesn’t love retail over the summer.

Tim Seymour

And finally, The Ambassador went for this metals maker. On June 15th he said, “Titanium metals (TIE) is the largest producer in North America. Titanium’s going up.” But shares of Titanium Metals melted, down 6% since the call

Today Tim says demand is still strong for titanium and recommends staying with TIE.

Symbol
Price
 
Change
%Change
TIE
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WMT
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WU
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Trader disclosure: On June 21 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:Finerman Owns (GS); Finerman's Firm Owns (FL); (MO),S&P Puts; Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns UniCredito Italiano; Seymour Owns (COP), (EEM), (BX), (AAPL), (TIE), (BP), (RTI), Gazprom; Gazprom Is On Pink Sheets In The U.S. And Trades On The Exchange In London; UniCredito Italiano Is On Pink Sheets In The U.S. And Trades On The Exchagne In London; Red Star Asset Management Owns Gazprom; Red Star Asset Management Is Short (EEM); Red Star Asset Management Is Short (XOM):GE Is The Parent Company Of CNBC