Sometimes a stock is hot and other times it just burns. Following are the Fast Money misfires.
On August 15th the Liquidator thought a supermarket play looked rather tasty. At the time he recommended getting long Kroger . Unfortunately, the trade wasn’t terribly palatable. Since his call shares are down 8%.
I’m sticking with the trade, says Terranova. Food expenditures continue to rise and I like this company’s business model.
On August 18th the Chairwoman was all fired up over Golar LNG , which is involved in liquefied natural gas. Turns out this energy trade ran out of steam. Shares slid 9% since her call.
I don’t think I’ve made a mistake, says Finerman. It’s a long term hold and I recommend sticking with it.
Back on June 20th the Academic couldn’t stop talking about the upside to wireless phone giant China Mobile . Hopefully you didn’t listen. Since his buy recommendation shares are 18% lower.
I’d stay with this story, Karabell counsels.