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Astoria Financial Corporation Message Board

  • acts_111_231_111 acts_111_231_111 Nov 18, 2003 10:29 AM Flag

    Can Some Explain...

    Why is the price of AF on a steady climb. It seems to be fully valued based on next years earnings. The market must anticipate some sort of deal is in the offing.

    I just wish they would announce a deal already! Are you listening WM?

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    • This time may be different. The currency for acquiring banks has re-flated. AF has been doing things i.e. redeeming preferred stock to position itself for a takeover. In fact, they have not been an acquiror in some time. It appears they are looking for an end game.

      I have to believe they are in talks with WM right now. I would sure like to double my dividend and have appreciation at the same time!

 
AF
14.83+0.30(+2.06%)Jun 28 4:02 PMEDT