I see our esteemed CEO has doubled his salary from last year. Does that mean he has increased the dividend or doubled the Bank’s earnings from last year. Believe that and I have a bridge to sell you. It seems to me that the Connecticut Directors have sold out to Barnes’ redneck crony Directors from the north woods.
I feel sorry for all the poor souls who purchased the banks stock at $20 a share.
I have been slowly selling my stock in this Dinosaur and purchasing other bank stock like New York Community Bank (NYB} at $13.50 that pays an annual dividend of $1.00.
The disgruntled stockholders should start writing letters to the mutual fund managers that hold PBCT stock……………….starting with the Vanguard Mutual Funds.
Why do you care how many stocks I own? I'll bet you are one of the suckers who bought PBCT at $20 a share. You are part of the herd mentality...waiting to be led to the slaughter. Keep smiling while your stock value goes down the toilet.