People's United Financial Inc. Message Board
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PBCT Reports Q2
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Earnings were unexciting but certainly not a disaster. I can't understand the pop in after-hours trading, but that's meaningless in the big picture. I'm out for now, but I could be tempted back in at around 12.50.
- 1 Reply to skinz4q
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Why does PBCT have an army of financial pro's following its stock?
Because they are all collecting shares for when the stock takes off.
When this happens is not for me to decide. I only know that unless another bank is bought that lowers book value, it will happen.
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Quarterly EPS up more than 85% YoY...so lets keep things in perspective.
- 1 Reply to nikiandned
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And down it goes.
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As usual-what did you expect.
- 1 Reply to thcbne
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Meeting expectations in this crappy environment is doing pretty good in my book. Every minute you have either Asia, Europe or the US is some type of crisis. Investors are being paid to wait with a good yield. This stock will be much higher at some point down the road ... patience is key!
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Not great ... and what did you expect, blow out earnings?
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