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First Niagara Financial Group Inc. Message Board

  • billsilva45 billsilva45 Jan 24, 2013 10:34 AM Flag

    I told the pumpers here this POS would not hold $8

    The only possible way for this stock to ever go up is a management
    change starting at the top. If you fools can not see that you have no business
    investing in stocks. try Mutual Funds. You aren't smart enough to do the DD.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Bill - You sound bitter. Are you still holding? Maybe you are one of the past investors that got caught holding when FNFG dropped from the $11 range? But you are smart enough to post on a message board of a stock that you know won't go higher unless they get rid of management. WOW now that is smart. Go put your money in a local savings account. Just don't do it at FNFG. Gee FNFG is paying us smart investors over 3% and appreciating while doing so. Good luck with your local savings account. LOL

      Sentiment: Buy

      • 2 Replies to sholley111
      • You are describing me. I was in at about 11 and out at 8.20. My bitternes is due to the obvious disregard for the "owners" shown by management and the board. They have reaped great salary and bonus increases while we have seen a dilution of equity and a deterioration of PPS. Wonderful. They have just announced a dividend annualized at about 4.7%. As of the date of your post PPS was 7.88. Today it closed at 7.10, a 10% depreciation. I am not going to refer to DJIA or financial sector activity during this period. I'm sure things will improve eventially but for now, there are better places for money. You can do better with a FNFG CD.

      • Appreciating?????? What a #$%$ It is sitting 50c off its multi year low you fool.
        It is one of the worse financials stock you can find any where.

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