{"id":3830,"date":"2024-03-06T13:25:45","date_gmt":"2024-03-06T18:25:45","guid":{"rendered":"https:\/\/www.profitless.com\/?p=3830"},"modified":"2024-03-06T14:22:02","modified_gmt":"2024-03-06T19:22:02","slug":"cnbc-talking-head-jenny-harrington-is-holding-the-bag-on-nycb-losses","status":"publish","type":"post","link":"https:\/\/www.profitless.com\/?p=3830","title":{"rendered":"CNBC Talking Head Jenny Harrington is holding the bag on NYCB losses"},"content":{"rendered":"\n<p>Jenny Van Leeuwen Harrington, CEO of Gilman Hill Asset Management and frequent CNBC contributor,  owns up to holding on to her NYCB stock, which is in free-fall today and down ~60% over the last week.<\/p>\n\n\n\n<p>Here&#8217;s the video: <\/p>\n\n\n\n<figure class=\"wp-block-video\"><video height=\"720\" style=\"aspect-ratio: 1280 \/ 720;\" width=\"1280\" controls poster=\"https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/03\/jenny-harrington-nycb-hq.jpg\" src=\"https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/03\/Jenny-Harrington-Nycb-loss-720.mp4\"><track src=\"https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/03\/jenny-harrington-nycb.mkv.vtt\" label=\"English\" srclang=\"en\" kind=\"subtitles\"\/><\/video><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>She calls the management team &#8220;arrogant&#8221; and excoriates regulators on allowing the merger with Signature Bank. <\/p>\n\n\n\n<p>She claims that she&#8217;s reduced it to a small position, but as recently as January, she was <a href=\"https:\/\/twitter.com\/GilmanHill\/status\/1752715128347254922\" data-type=\"link\" data-id=\"https:\/\/twitter.com\/GilmanHill\/status\/1752715128347254922\" target=\"_blank\" rel=\"noreferrer noopener\">calling it &#8220;oversold&#8221; on social media<\/a> and acknowledging that her followers had jumped into the position on her recommendation:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"599\" height=\"234\" src=\"https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/03\/jenny-harrington-nycb-jan-tweet.png\" alt=\"Friends, a lot of you followed me into $NYCB - I'm still digesting thoughts following the call. It was the most counterproductive guidance that I've ever heard\n\nBut down -30%+ - I'm pretty certain there's just wayyy too much negative emotion and that it's oversold\" class=\"wp-image-3833\" srcset=\"https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/03\/jenny-harrington-nycb-jan-tweet.png 599w, https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/03\/jenny-harrington-nycb-jan-tweet-300x117.png 300w\" sizes=\"auto, (max-width: 599px) 100vw, 599px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>Another <a href=\"https:\/\/twitter.com\/GilmanHill\/status\/1753099378292871259\" data-type=\"link\" data-id=\"https:\/\/twitter.com\/GilmanHill\/status\/1753099378292871259\">Tweet <\/a>the next day saw her sticking by the position and begging &#8220;plssss don&#8217;t let me regret that statement!&#8221;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"584\" height=\"378\" src=\"https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/03\/jenny-harrington-nycb-tweet-feb-regret.png\" alt=\"Updated thoughts on $NYCB:\n\nNow, I think that there's Regional Bank Panic 2.0 PSTD going on &amp; I do not think it's founded.  (plssss don't let me regret that statement!)\n\nFor now, still holding.  Stk historically has traded @ or abv Tang BV - which is $10.60\n\nSeems oversold\" class=\"wp-image-3839\" srcset=\"https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/03\/jenny-harrington-nycb-tweet-feb-regret.png 584w, https:\/\/www.profitless.com\/wp-content\/uploads\/2024\/03\/jenny-harrington-nycb-tweet-feb-regret-300x194.png 300w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/figure>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Jenny Van Leeuwen Harrington, CEO of Gilman Hill Asset Management and frequent CNBC contributor, owns up to holding on to her NYCB stock, which is in free-fall today and down ~60% over the last week. Here&#8217;s the video: She calls the management team &#8220;arrogant&#8221; and excoriates regulators on allowing the merger with Signature Bank. She [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[12,97],"tags":[95,96],"class_list":{"0":"post-3830","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-featured-posts","7":"category-talking-heads","8":"tag-cnbc","9":"tag-jenny-harrington"},"acf":{"sources":null},"_links":{"self":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/3830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3830"}],"version-history":[{"count":5,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/3830\/revisions"}],"predecessor-version":[{"id":3842,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/3830\/revisions\/3842"}],"wp:attachment":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}