Oppenheimer Holdings Inc. Message Board

  • thunderbirdmobile thunderbirdmobile Sep 5, 2007 1:32 PM Flag

    What are the chances of this happening

    At $40.60 the stock took a "Dead Cat Bounce" to $50.00 plus.

    Could we see a double "Dead Cat Bounce" since the stock
    price is close to that $40.60 mark again.

    Should we look for the price to go under $40.00 for
    that buying opportunity.

    Could it be a good price now to jump in ??????

    Any thoughts out there ???????????????? TIA

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    • This is a great company and an underpriced stock. Buy on pullbacks.

      This week's decline on no news makes no sense. With more retirees needing more financial planning and with turbulent markets where buying-and-holding indexes has led to poor performance, good financial companies will do well. (My clients are earning 4 times the market return this year and twice the market return over the past 8 years.)

      Oppenheimer has no part in the mortgage market, to my knowledge, other than in some portfolios that some less intelligent clients may have purchased. So the markets will wake up to their ignorance once they see continued growth in revenues and income.

      Then it's off to the races again with OPY. GO OPY GO!

 
OPY
15.15-0.46(-2.95%)Jun 27 4:02 PMEDT