Sometimes a stock is hot and other times it just burns. Following are the Fast Money misfires.
Back on July 13th, The Negotiator was bullish on financial giant US Bancorp (USB). At the time Guy said, “I like US Bancorp. They have a pretty conservative management team. And they didn’t get into this whole subprime mess. And when other bank's "write-ups" or bad loans have gone up there’s have gone down.”
But after earnings it seems the company may have gotten into a little mess of its own. Shares have since fallen 12% as subprime fears still took down this bank stock.