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People's United Financial Inc. Message Board

  • bugarloaf bugarloaf Jan 20, 2011 7:49 PM Flag

    OUCH

    Bring in Carl Icahn! I have accumalated this stock for the past two years with nothing to show but a capital loss. The defenders of the most recent transactions crow about the financials and quality of DNBK yet ignore the fact that the acquired bank has seen 100% plus appreciation in that time with PBCT hovering at five year lows. Parse the financials by any and all methods..Management is measured by stock performance over the long term and they have failed. The arbs will pressure this stock for the next five months and when all is said and done Management will do it again leading to financial reports littered with write offs and integration expenses. By the way over the past two years the BAC I started buying and other banks at the same time are up two and three fold. No better than other serial destroyers of wealth like Imelt at GE.

 
PBCT
14.54-0.39(-2.61%)Apr 17 4:00 PMEDT

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