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Karen Finerman Shorts BB&T Corporation (BBT) Today
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Karen Finerman, hedge fund manager and Fast Money host shorted BB&T Corporation (NYSE: BBT) at the of trading today. Karen Finerman said that BB&T Corporation has risen too far too fast. In fact, BB&T Corporation has risen over 35% during the past week.
Karen Finerman has made some good calls in the past, but some of her bad calls included: stayed long Crocs (Nasdaq: CROX) to very close to the bottom, covered her Lehman short (NYSE: LEH) before it really ran and missed the solar run.
BB&T Corporation (BB&T) is a financial holding company.
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BB&T
BB&T is still a bargain. Returns better than 6%
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BB&T
CDog on Jul 23, 2008 09:07 AMGood timing Karen! Nice job BB&T. I like the Pension Plan move.