So who's right: Whitney or Bove?

Discussion in 'Wall St. News' started by makloda, Apr 2, 2008.

  1. [​IMG]
    Meredith Whitney, Oppenheimer:
    - "The average bank, which was worth $100 last year and is now trading at $65, is really worth just $32.50."
    - "There’s a ‘hooray’ from the stands, but investors don’t realize the bench has been weakened,” she said. “There’s no end in sight in terms of bad news.”
    - “The market has been consistently wrong each time they tried to find a bottom.”

    Richard Bove, Punk/Ziegel
    - Bove Recommends Buying Financials `Very Aggressively'
    - "I'm convinced that all the signs that you would want to see that would tell you that this thing is over are there. And this is over."

    I have a good idea which of the two I'd rather have dinner with, but I am not so sure who will end up being right with their calls. Whitney called the Citigroup fiasco perfectly, Bove timed the top in brokers in July 2007 (see}&siteid=aolpfaolpf1). Clearly both are used to making bold calls, I wonder who will end up looking like a fool here.
  2. "...I have a good idea which of the two I'd rather have dinner with..."
    LOL. can I join ?
  3. Daal


    when a bubble bursts it usually takes more than nine months to correct
  4. Hope he think's YOU are cute, too.
  5. zdreg


    shoot for the stars you get chorus girls.
    shoot for chorus girls you end up with nothing.