Is this Sandy? Obama? The fiscal cliff? Just trying to figure out why a fundamentally sound company with good financials and a bevy of good news lately is moving south. Any thoughts?
It might have something to do with the Dodd-Frank act, which I hear discriminates against regional banks.
Dividend stocks hit by fear of higher taxes. Owning PBCT in IRA however provides nice safe yield. Plan to buy more when yield reaches 6 %.
Sentiment: Strong Buy