Friday, August 17, 2007

"Fast Money" for Friday

Here are Friday's picks and records to date:

Friday's Picks

Jeff Macke likes General Motors (GM) because he thinks the stock has bottomed. Open $30.77

Pete Najarian likes Thornburg Mortgage (TMA) and suggests it might be a takeover target. Open $12.38

Guy Adami prefers Network Appliance (NTAP) because he feels this name has performed well in a difficult tape. Open $25.27

Eric Bolling recommends buying the Financial Select Sector SPDR (XLF) because he thinks the financials have bottomed. Open $33.15

Thursday's Results

Pete Najarian said to short E*Trade (ETFC). Open $13.91 Close $13.55 Gain $.36

For the third day in a row Guy Adami recommended shorting The Dow with Short Dow 30 Proshares (DOG). Open $61.78 Close $61.60 Loss $.18

Tim Seymour liked buying Mobile TeleSystems OJSC (MBT). Open $58.70 Close $56.04 Loss $2.66

Jeff Macke didn't "want to buy a darn thing in this tape".

Since my tracking began on 6/21 (1-1 means one up pick and one down pick and no results from my vacation week)

Adami= 15-12 Gain $26.54
Bolling= 9-11 Loss $15.26
John Najarian= 13-3 Gain $15.54
Macke= 20-15 Gain $3.46
Pete Najarian= 11-7 Gain $22.32
Seymore= 3-2 Loss $.49
Finerman= 2-2 Gain $.88
Gilbert= 1-0 Gain $.29

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