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People's United Financial Inc. Message Board

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  • homersaidthestockwouldgoup homersaidthestockwouldgoup Jul 25, 2012 9:28 PM Flag

    Why the huge drop?

    plus sooner or later some big regional will buy them. Might be tomorrow or might be three years from now but it will happen.

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    • People are being forced out of New York City and surrounding areas due to high cost of living. Moving to Connecticut and Rhode Island. The migration has been going on since the mid 1960's. The whole state of Connecticut has problems and they will continue to mount as people with money leave and are replaced by new comers who have no money.

      It was not all that long agao when Connecticut did not even have a state income tax. They blew that away and the numbers on jobs and the general financial conditions of it's inhabitants is changing rapidly. A few enclaves of rich people in Canaan county and then, the wilderness of urban poverty.

      Have a nice day.

16.09+0.16(+1.04%)Oct 21 4:00 PMEDT