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?
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
It might have something to do with the Dodd-Frank act, which I hear discriminates against regional banks.