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The Fast Money Misfires – Friday May 9th

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Sometimes a stock is hot and other time it just burns. Following are the Fast Money misfires.

Karen Finerman

On Tuesday the Chairwoman recommended an aerospace play. At the time she said, "If you want to be long Kaiser Aluminum before the earnings, and I do, then you have to buy it tomorrow."

Unfortunately this trade never got off the ground. Two days later shares fell 8% on disappointing earnings.

They put out a quarter that I thought was okay, says Karen Finerman. I bought more.

Jeff Macke

On Friday May 2nd the Lone Wolf recommended World Wrestling Entertainment . At the time he said, "I like ‘em, they’re hitting on all cylinders and becoming more shareholder friendly."

But since his call shares have been smacked-down by an earnings shortfall and are off 12%.

I think you can buy this stock right here right now, exclaims Jeff Macke.

Pete Najarian And Guy Adami

On April 30th both the Negotiator and the Pit Boss predicted better days for the Citi . At the time Adami said, "I think the worst is over," while Najarian added "I was very impressed with the rebound. It’s a value."

Well don’t move into this Citi quite yet. Since the recommendation the stock is down 8%.

I still think good things are ahead for Citi, says Guy Adami. I agree, adds Pete Najarian, it’s a buy.



















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Trader disclosure: On May 9, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Adami Owns (C), (GS), (INTC), (MSFT), (AGU), (BTU), (NUE); Najarian Owns (AAPL), (BKC), (TSO), (XLF); Najarian Owns (AA) Calls, (BID) Calls, (BUD) Calls, (C) Calls, (MSFT) Calls, (YHOO) Calls; Macke Owns (ATVI), (MSFT), (INTC); Finerman Owns (GS); Finerman's Firm And Finerman Own (KALU), (HD); Finerman's Firm Owns SPX Index Puts; Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Owns (MSFT), (TSO), (VLO), (PLCE); Finerman's Firm Owns (YHOO) And (YHOO) Call Spreads; Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM), (SPY); WWE Programs Air On Networks Of NBC Universal, The Parent Company Of CNBC