People's United Financial Inc. Message Board
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Blackrock
One of the largest managers in the world has more than doubled its stake to 6.32%. The 13G filing has calmed my dissenting opinion on the company. The most recent announced acquisition was a dissapointment. I feek strongly they overpaid and that it was too friendly of a deal. The bank purcheses by Blackrock have been timely. I can only hope their track record continues. Stock price for the most part trapped by Arbs until late 2nd quarter. I used the weakness post dividend, below 13, to add significantly to a position. Holding some powder dry to increase position if the arbs force a move to 12.50 or so.
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Arbs???
- 1 Reply to dslvrb
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announced deal is 50% stock with target company receiving a big premium. Short buyer and go long target and make money on the edges. Last deals were similar with a predictable outcome. If pbct is here or lower at the culmination of the deal...go long as the pressure is removed.
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I only see Blackrock at 2.5 % as of 9/30.
Where can I find 12/30 filings.
I am also long and will add if it dips to 12.5 range.- 2 Replies to cololamahahual
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sec.gov for 13g filings
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I'd long, too, and would prolly throw down again if it dips back near the 52 week low.
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