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TrustCo Bank Corp. NY Message Board

  • blue61vette blue61vette Apr 21, 2013 11:09 PM Flag

    Wondering, how much has this stock gained in the last 5 years ???

     

    Does,' look like anything !!!

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    • Yes, this company was trying to manage the Florida debacle so they pulled back and maintained the status quo. In other words protect our jobs and salary. I expect more of the same when the numbers come out today. Expect the loss reserves to be reduced and a slight increase in th EPS. Management has no interest in upsetting the apple cart again plus operating in economic challenged areas, and very little challenging competition will result in little movement in the share price. Really none of the big boys want to be up in that area. If you are a stockholder its for the dividend and they know it. What suprises me is they are paying a 5% dividend and management has litte skin in the game. This is a good stock for blue hair old ladies, and price apprerciation is not going to happen. My bell weather stock in this category is JPM, WF and PNC if they do well the MO carries over to Trust. Overall its a safe investment regardless of what Albany guy says. My pick is buy KMP nice dividend and price appreciation. Lots going on there with acquisitions and Rick Kinder is a genius and knows his business. I know a few posters have this stock and so do i. I see nothing but upside for the next 10 years. GL

 
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6.81+0.17(+2.56%)Jul 23 4:00 PMEDT

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