TFS Financial Corp Message Board

management of this company is lack lustered, to say the least. they have sat on their #$%$ and done nothing to fight the mou. there is absolutely no plans to do a second step. the dividend waiver rule does not bode well for mhc's.

i had a very large position that i accumulated over time with a cost basis of somewhere around 8.60. for over 1 year i have been waiting for "the news" and it finally came, well, some of it.... i sold out the other day because i made decent money on the trade, but more importantly i feel that there wasn't that much more juice left in this one. i would rather have cash to take advantage of new opportunities than try to squeak out another .50 from here. i was so happy to get out of here because this stock it a true dog. many other positions that i have or recently disposed of:ofed, pbip, pbsk, asbb, peop, obaf, peop, htbi and a few others were up 25%, 30% and some even 40% in the past year where as tfsl may have been up a meager 6% last year. come on..... i hope for everybody elses sake this one gets to 12 buck but with the stock at 84% tangible book value and nfbk pricing at roughly 84% for their second step, i don't see where tfsl can run to. i see this stock being in a range of 9.50 to 10.50 for a long time.

Sentiment: Sell