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Peapack-Gladstone Financial Corp. Message Board

  • andevenabs andevenabs Mar 19, 2007 10:39 PM Flag

    I'm here for the long haul

    I don't want $30 or even $35 and a new owner. This stock is the quintessential long term buy and hold. The footprint and demographics are without peer.

    I could see this as a 2.5B company in 10 years, or AKA a 10 bagger.

    Weichert needs to relax and count his money.

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    • I agree their market is exceptional but they don't have the killer instinct to harvest it for profits. The management team has been there for too long and although relatively young are likely held back by old board members afraid to lose their money rather than grow and expand. SH meeting should be interesting with Weichert rattling the sabre for a sale. I'm afraid these guys are doomed just like First Morris. Why they never bought that bank is puzzling. Any thoughts?

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