Mr. Market Thanks For The Runup They Let Me Dump This Dog!
Out at $39.40 after being patient for like 13 years and made a small profit through dollar cost averaging of the dividend reinvestment. Already reinvested some in Proctor & Gamble and it's up over a point since my purchase and enjoying 7% dividend increase.
I first bought some BBT (One Valley) way back in 1993. Still holding it. I am disappointed that the div. is so low and upper mgt's benefits so great. I know their is something wrong with our system of dividing the profits. Common stock holders should not be on the bottom of the list when dividing the profits. But, Upper mgt and the B of D's are in charge of dividing the profits. Did some one say "collusion"? JMO