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People's United Financial Inc. Message Board

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  • skinz4q skinz4q Apr 29, 2011 4:12 PM Flag

    22 Million Short

    I have trouble understanding why anyone would short a high dividend-paying stock like PBCT unless they really expect the dividend to be cut or omitted. Given the low probability of that happening and the reasonable possibility of a takeover at a premium, it looks to me as if someone is taking a hell of a gamble by being short.

 
PBCT
16.26-0.01(-0.06%)3:40 PMEDT