Nonsense: Fast Money Final Trade in Music

Aug 31, 2011
J. Webster
Comments Off on Nonsense: Fast Money Final Trade in Music

Has the Fast Money final trade ever brought you a golden goose of a trade, a pile of money so big you didn’t know what to do with it? I doubt it.

Their calls/bets seems so hedged with what ifs and if this happens then this happens type of phrases that’s hard to really feel confident jumping in on their trades. Plus, the stock market the past few years has been a roller coaster of all roller coasters, with flash crashes, European debit concerns, debit limits, and revolutions across the Middle East, that there’s no telling what it’s going to do the next day or week or month.

Sure, they’re putting themselves out there by making a call, but it’s you the listener or view who they’re really putting out on a limb without a time frame or a sell date for the stock. Actually, it’s you the viewer or listener who their putting out on a limb to lose a bunch of money. Again, though, you’re the one who makes the trade not them. So you’ll have to take the blame if you pull the trigger so to speak.

The final trades they mention might give you some ideas, or alert you to some stock that you were unfamiliar with, but it’s a very risky game to play if you follow their final trade selections wholeheartedly. I’d really like to see a tally at the end of the year of why well these final trades performed. That’s fair, right?

So here we bring you some of the final trades for the CNBC crew in music. This is what they’ve decided to listen to on the way home in the car or in their iPods on the train. Enjoy. These are winners, no doubt:

Guy Adami – Led Zeppelin

Jon Najarian – Bruce Springsteen

Joe Terranova – Madonna

Tim Seymour – Lynyrd Skynyrd

What do you think? Who has bought a Fast Money final trade call and made Scrooge McDuck type of money?

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