This stock varies with such regularity that a patient investor (with guts of iron) could almost make a living solely by trading this stock. Would only need about $75,000, too. Sell at 74, buy at 68, rinse and repeat. Would gross about $7,000 every three weeks or so.
Sell the entire portfolio and play with PNC? Hmmm, getting close...
Some smart manipulators are making millions just this way, I would surmise.
After what their "investment group" did to me and my partner, I too await their next major drop in price. I'll recoup my "investment" loses by playing their lows and highs. This company lost our trust after 20+ years. They sure seem, based upon our experience and opinion, to know how to divert attention away from reality. As for us, we don't trust them. It is our opinion that they've gotten too big with too many managers and VPs with an end result which appears to be "too arrogant".
You must be an idiot to own a stock and not understand what they do and have. PNC has NO exposure to sub-prime mortgage problems. They sold their mortgage division and it holdings long ago. They run their mortgages through Wells Fargo now. Sell your stock because I don't think stupid people should own stock.
I admire a person who speaks their mind, but be careful... there are those who would think badly of you for being critcal of an idiot.. I'm sure it was not your intent to hurt his feelings. Remember,we must be considerate of the "Piss ass investor"... You know the ones who have the brains and balls of a tit mouse.