×

Web Extra: Burned by Apollo

Moving to the sidelines in Apollo may have looked like a smooth move at the time, but as it turns out, Tim Seymour fumbled this play.

The Ambassador made the fateful call on January 10th. “This is something you fade, this is not something you buy into,” he said at the time. “People are short this name and people are running for cover.”

Unfortunately, no guts no glory. Since Seymour suggested running for the hills shares have gained about 8%.

So what does he have to say about this stock now? Find out in this web extra. Watch the video now!


______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our Web site send your e-mail to fastmoney@cnbc.com.


Trader disclosure: On March 23, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Tim Seymour is long (AAPL); Tim Seymour is long (BAC); Tim Seymour is long (SBUX); Tim Seymour is long (TM); Tim Seymour’s firm is long (ANTO); Tim Seymour’s firm is long (NEM); Guy Adami owns (AGU); Guy Adami owns (C); Guy Adami owns (GS); Guy Adami owns (INTC); Guy Adami owns (BTU); Guy Adami owns (NUE); Guy Adami owns (MSFT); Steve Cortes is long (TM); Steve Cortes is long (GS); Steve Cortes is long (CSX); Steve Cortes is long (SDY); Steve Cortes is long (SO); Steve Cortes is long Crude Oil; Steve Cortes is short (F); Steve Cortes is short (BAC); Steve Cortes is short (UNP); Steve Cortes is short (SPY); Steve Cortes is short (DBA); Steve Cortes is short Natural Gas; Steve Cortes is short Wheat; Steve Cortes is short Soybeans; Steve Cortes is short Corn; Steve Cortes is short CAD/USD; Steve Cortes is short EUR/USD; Pete Najarian is long (AAPL); Pete Najarian is long (AAPL) call spreads; Pete Najarian is long (BAC) calls

BRIAN KELLY
Accounts managed by Kanundrum Capital own (GOD)
Accounts managed by Kanundrum Capital own (SLV)
Accounts managed by Kanundrum Capital own Silver
Accounts managed by Kanundrum Capital own Gold
Accounts managed by Kanundrum Capital own U.S. Treasury Bonds
Accounts managed by Kanundrum Capital own (EBAY)
Accounts managed by Kanundrum Capital own (PGH)
Accounts managed by Kanundrum Capital own (VLO)
Accounts managed by Kanundrum Capital own U.S. Dollar
Accounts managed by Kanundrum Capital own (NFLX) Puts
Accounts managed by Kanundrum Capital own Crude Oil
Accounts managed by Kanundrum Capital own (RTN)
Accounts managed by Kanundrum Capital are Short Yen

DOUG KASS
Doug Kass is short (RTH)

COLIN GILLIS
**No Disclosures**

LARRY HAVERTY
The Gabelli Global Multimedia Trust Owns (NFXL)
The Gabelli Global Multimedia Trust Owns (CBS)
The Gabelli Global Multimedia Trust Owns (VIA.B)
The Gabelli Global Multimedia Trust Owns (ERTS)
Larry Haverty is long (CBS)
Larry Haverty is long (VIA.B)

JED DORSHEIMER
Canaccord Genuity Inc. has received compensation from (LEDS) for investment banking services
Canaccord Genuity Inc. has received compensation from (RBCN) for investment banking services

MIKE KHOUW
Cantor Fitzgerald is a Market Maker in (RIMM)


Comcast Is The Parent Company Of CNBC
Comcast Is The Parent Company Of NBCUniversal
GE Owns 49% Of NBCUniversal
GE Owns 49% Of CNBC