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Hot Picks Can Burn

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Soemtimes they're hot and sometimes they're not. Find out which two recent picks left the guys with more fizzle than sizzle.

Guy Adami

On June 20th The Negotiator was sensing a rally in the alley for financial titan Morgan Stanley (MS). He said, "It will dip. You should buy when it does. It's the cheapest one on valuation."



Subprime concerns reared their ugly head and took down all the financials with shares of MS off about 19% since the call.

Today Guy says he still likes Morgan Stanley and adds if investors didn’t buy it then, they should now.

Pete Najarian

On July 2nd, The Pit Boss decided to hang-ten with a surfing apparel maker. He said "I love Quicksilver (KWK). I'm a big board short kind of a guy and I think something is going on there."

In a flash, shares of Quicksilver dropped since Pete's call.

Today Pete says this company is only down .36 cents and he loves surfing apparel makers.

Symbol
Price
 
Change
%Change
KWKAQ
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Trader disclosure: On July 13th 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 (ATVI), (DIS); Finerman's Firm And Finerman Own (COP), (C), (FTWR); Finerman's Firm Owns (AA), (AL), (BWS), (BAC), (HOV), (SKX), (WMT), (FL), (GE), (TGT) Finerman's Firm Owns S&P Puts; Finerman's Firm Is Short (RTP); Finerman's Firm Is Short (RIO)