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’s the video:
She calls the management team “arrogant” and excoriates regulators on allowing the merger with Signature Bank.
She claims that she’s reduced it to a small position, but as recently as January, she was calling it “oversold” on social media and acknowledging that her followers had jumped into the position on her recommendation:
Another Tweet the next day saw her sticking by the position and begging “plssss don’t let me regret that statement!”