What about us, I wish someone would buy us out. Management should be shopping KRNY around but I doubt they are. They are just trying to keep things as is, just trying to push it back, get to retirement and kick back on their fat retirement plans. They couldn't care less about us investors, they just think we are a bunch of whiney #$%$. If I could, I would fire every one of you.
Both ISBC and KRNY went public in 2005 and I bought both. Investors has grown from $5 billion to what will be around $14 billion once the Roma acquisition is complete and their earnings have increased steadily as they put the capital into play. KRNY has done very little with the capital they were given where ISBC has almost tripled in value. So here's what I recommend....sell this and buy Investors Bancorp ISBC before they announce their 2nd step. Way more upside to ISBC than KRNY in my opinion. Sold my KRNY long ago but I have done very well with ISBC.
I also own PFS from the IPO and it has done well, not as good as ISBC but good. My 10 grand is now over 19. I will sell KRNY in the near future. It isn'y a lot of money , maybe 9000 or so, won't owe much if any taxes, I did buy some more at 8.7 or so years ago. I think I will buy myself a real nice new shed for my backyard and a paint job in the spring for my house.