told CNBC on Friday that he's optimistic that the stock market has bottomed on coronavirus fears.
"If I'm right on the virus call, if I'm right and that's the big if ... I think the market at the recent low of 2,187 [on S&P 500] was close enough to the bottom to be called the bottom," Cooperman said on "Cooperman, chairman and CEO of Omega Family Office, said earlier this month that investors who are trying to manage the stock market's coronavirus-driven volatility needed to be patient.
I wish The politicians just stop it for a while.
aalcorta gseminario2005
what a turd, billionaire with unlimited cash saying its time to buy, he can afford to lose plenty and wants us to hold the bag after he pumps and dumps
What a nice man, really, but for the life of me I just don't get why he is a regularly featured guest on CNBC. Perhaps CNBC sees him as sort of a voice of reason, a fatherly figure?
My friend this is just 1% of the beginning athe economy will get much worse if you we are still alive at Jan 2021 ,I'am sure it will get much much worse so I would keep my money at 'home if possible' or gold till 2021 because EVERYTHING will change
The market is a crack (QE) induced junkie there is nothing smart or forward looking about the market.
Agreed. I'm estimating the DOW value likely stays between the 18-22k range for most of what's coming with a possible lower bound of 15k during the brunt of the downturn. Except if there's major changes in dollar strength, then anything can happen.
Keep buying Leon. Vote with your dollars, rather than suckering sheeple to buy for you.
Don’t borrow? Americans are the ducking expert in borrowing and leveraging 🤣🤣🤣
Welp, let's see him start buying.
How can they assess something right now what will take months or years? Oracles much?
He was wrong.
More American made... Abbott receives approval for test that can detect CORONAVIRUS in 5 minutes !!! Sooner we will be back to work together FREE AND CLEAR OF CORONAVIRUS !!
When billionaires suggest its a good time to buy, sell sell sell
Economy was headed towards recession BEFORE the virus, even if this aint it, its coming
I think Cooperman should stop showing up on camera every 5 minutes. It's enough with him. Seems old rich white men just need the attention Has two honorary PHD's? Disgrace
Cry baby Cooperman
Ok, boomer
I don't want a financial analyst predicting the nature and degree of devastation caused by this virus. We need medical professionals to lead the information cycle and nobody else.
He meant “data free observation.”
Nah
strong sell signal
I think we're over that whole billionaires know what the f**k their talking about thing.
Right...
Becky seems to become a culprit for those 'tsunami guy''uninformed optimist'
Yeah, I think a V shaped recession that will be over by Easter is priced in haha. Honestly, when will Europe be getting back to normal? They are still in a phase of shutting down and there is going to be a sovereign huge debt crisis in Europe.
A sell signal
The carnage just started
A market never greater of opinions.
ya that's exactly what the markets need right now, a self-proclaimed uninformed optimist
unique approach by billionare!
he will lose those billions
Load of crap. We have just started into this mess.
lmao what a moron
Bottom is $165 on $SPY
He has a lot to lose if we sell more.
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