Good luck longs. I sold out at a loss at 14.98. Multiple year shrinking YOY revenues, declining mail business, high debt and no book value. DIVY looks a little suspect but you'll get paid on the 8th. Would need to see real revs from their Volly product to suggest a future for this business. I wouldn't be surprised if the postal service was RIP in the next 5 years. This has been a dividend aristocrat for years but I just don't see the fundamentals in place- sold because it looked like a value trap to me with coming bond/debt maturities http://quicktake.morningstar.com/stocknet/bonds.aspx?symbol=pbi. I hope for the longs I am proven wrong. No position currently.