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United Financial Bancorp, Inc. Message Board

  • worffratt worffratt Jul 24, 2006 10:19 AM Flag

    Stock Repurchase Plan

    Gotta love Collins' thinking; a stock repurchase plan to fund the stock incentive plan "avoiding unnecessary dilution.."
    Wall Streetr views stock repurchase a a sign of company strength... and bullish.
    Also noted, Chicopee Bancorp Volume has evaporated. I believe the prices of these to respective stocks will cross... with UBNK trending upwards.
    Just my optimistic two cents.

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    • This is unfolding perfectly.
      I agree, that the Stock Repurchase Plan is further evidence of the value/growth story that management perceives.

      As noted by another poster, this Bank has a similar footprint to Rockville Bank. I'm betting 14's are in the short-term future. To me THAT is the "easy money".

      When we hit 14-15, a part of me WILL be tempted to take some profit.
      However, with the Savings Bank of Manchester (Now New Alliance), I booked a nifty gain (Double) only to miss out on the HUGE gain (5 Bagger). There are other examples of bank IPO's where I did the same darn thing.

      At these prices, this is a strong buy with low risk, and that's the fun and easy part, IMO.

      Good luck to all!

 
UBNK
12.35-0.20(-1.59%)Sep 1 4:00 PMEDT