He said “I mean the fact that Wall Street bonuses aren't big isn't going to affect Tiffany's and Coach (COH). I would still be long Coach because I think they are a very, very good merchant and a great brand."
Since the call, the company guided lower and shares of Coach lost 21%.
Jeff Macke still thinks Coach is a great brand and he’s open to buying the dip.
On September 12th, The Negotiator was bullish on Zimmer Holdings (ZMH). He said, “It’s a lot cheaper than (competitor) Stryker. I've loved this stock before, I continue to like it."
But the medical device maker lowered its fourth quarter guidance and since Adami’s call, shares are down 15%.
Guy Adami still thinks ZMH is a buy, because the fundamental baby boomer story is in tact.
On October 1st, The Chairwoman, an ardent Icahn fan, suggested selling a navigation play. She said, “I think the NAVETEQ valuation gives me great pause. I would buy Garmin (GRMN) puts."
But an upgrade pointed to even higher returns. Shares are up 9% since Karen's sell call.
Karen Finerman says the trade didn’t work. C’est la vie!
Got something to say? Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to email@example.com.
Trader disclosure: On Oct 26, 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), (INTC), (YHOO), (EMC); Najarian Owns (GOOG), (BHI), (C), (DISH), (HAL), (YHOO), Najarian Owns (SNDK) Calls; Najarian Owns (MSFT) Puts; Finerman Owns (C); Finerman's Firm And Finerman Own (GS), (KFT), (MSFT), Finerman's Firm Is Short (MER) And Owns (MER) Puts; Finerman's Firm Owns (MO), (NVT), (TWX), (YHOO), (BIIB); Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns (BEAS) And (BEAS) Options