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Burned By Shorting Dean Foods

A short position in Dean Foods looked like a hot trade but all it did was burn Jon Najarian. What does he think of this stock now?

The Monster made the fateful call on November 18th as a bet that rising commodity costs would drag down shares more than they had already fallen.

”It dropped from the 9s to the 7s and that's a dramatic move for Dean Foods,” said Najarian at the time. “I expect you'll see more of it.”

Unfortunately for Najarian, since mid-November shares have traded sideways to higher. So what does he have to say about this stock now?

Find out in this web extra. Watch the video now!




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Trader disclosure: On Dec. 23, 2010, following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Matt Hougan owns (VWO). Jon Najarian owns (ADBE), is short (ADBE) calls. Jon Najarian owns (BBT), is short (BBT) calls. Jon Najarian owns (BBY), is short (BBY) calls. Jon Najarian owns (CSCO), is short (CSCO) calls. Jon Najarian owns (GS), is short (GS) calls. Jon Najarian owns (MSFT), is short (MSFT) calls. Jon Najarian owns (ODP) calls. Jon Najarian owns (POT), is short (POT) calls. Jon Najarian owns (RHT), is short (RHT) calls. Jon Najarian owns (VZ) call spreads. Jon Najarian owns (EXC) puts. Jon Najarian owns (ANW). Jon Najarian owns (IBM), is short (IBM) calls. Jon Najarian owns (SD), is short (SD) calls. Jon Najarian owns (V), is short (V) calls. Jon Najarian owns (DF). Karen Finerman owns (AAPL), (BAC), (GOOG), (JPM) and (MSFT).

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DENNIS GARTMAN
Funds Managed by Dennis Gartman are short the Euro
Funds Managed by Dennis Gartman are short the Yen
Funds Managed by Dennis Gartman are long Gold
Funds Managed by Dennis Gartman are long Crude

KAREN FINERMAN
Finerman's firm is short (IJR)
Finerman's firm is short (MDY)
Finerman's firm is short (SPY)
Finerman's firm is short (IWM)
Finerman's firm is long S&P puts
Finerman's firm is long Russell 2000 puts
Finerman's firm owns (ARO)
Finerman's firm owns (AVP) calls
Finerman's firm owns (BBY)
Finerman's firm owns (JPM) and (JPM) leaps
Finerman's firm owns (MCD)
Finerman's firm owns (MSFT)
Finerman's firm owns (YUM)

ANTHONY SCARAMUCCI
Scaramucci and Skybridge Capital own (AAPL)
Scaramucci and Skybridge Capital own (C)
Scaramucci and Skybridge Capital own (DELL)
Scaramucci and Skybridge Capital own (EBAY)
Scaramucci and Skybridge Capital own (GS)
Scaramucci and Skybridge Capital own (NKE)
Scaramucci and Skybridge Capital own S&P 500
Scaramucci and Skybridge Capital own USD
Scaramucci and Skybridge Capital Own (JNJ)
Scaramucci and Skybridge Capital Own (KIRK)

ZACAHRY KARABELL
Karabell and River Twice Capital own (AAPL)
Karabell and River Twice Capital own (C)
Karabell and River Twice Capital own (FCX)
Karabell and River Twice Capital own (FXI)
Karabell and River Twice Capital own (GE)
Karabell and River Twice Capital own (GS)
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Karabell and River Twice Capital own (RIMM)
River Twice Capital Owns (SQM)
River Twice Capital owns (CF)
River Twice Capital owns (CSCO)
River Twice Capital owns (GS)
River Twice Capital owns (MSFT)
River Twice Capital is short (SPY)

STEPHEN WEISS
Weiss has no disclosures in Gold

MATT HOUGAN
Hougan has no disclosures on GLD, IAU

BORIS SCHLOSSBERG
Sclossberg has no disclosures

BRIAN STUTLAND
Stutland Equities is a market maker holding hedged positions in VIX, SPX, and SPY options
Stutland Equities is a market maker holding positions in VIX futures

EMMA SUGARMAN
Emma Sugarman has no disclosures

JON NAJARIAN FAST FIRE SOT
Jon Najarian has no disclosure in (DF)