Has this gal been right on the money or what? She hangs her "hat" at Oppenheimer and has been SPOT ON in regards to this sector for the past 9 months! She was interviewed on CNBC earlier today and it was one of the most informative interviews on CNBC in ages, literally ages! http://www.cnbc.com/id/15840232?video=687464429&play=1 CNBC Video interview
I happened to catch this one of her today (don't watch CNBC often). It was so good, I kept waiting for them to cut her off and go to a commercial break. It literally must have been the longest interview on CNBC for quite some time. I like her!
She said today that Lehman is in no trouble. That goes against what the rest of the world/markets seems to think. CNBC shows disclosure if the analyst/brokerage is holding a position. It showed that Oppenheimer is LONG LEH. I wonder if she is full of it on her defense of Lehman due to her firms position.
I believe that she said that it could fall to $16 per share in the article below, and that statement by her was made back in late February. Not sure if she has revised that or not. http://www.crainsnewyork.com/apps/pbcs.dll/article?AID=/20080225/FREE/191179638
If the CDS crisis comes to roost, she's on the money. If the fed entirely averts a recession/defaults, then it goes the other way.
Well it seems she was wrong about BSC, her later comments at least. Good analysis nonetheless but I do not see why everyone seems so enthused over it.