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People's United Financial Inc. Message Board

  • Every time this thing gets to 15 goes back down to 14.20ish

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    • Stocks that get stuck in a narrow trading range can often be good money-makers if you spend the time and effort to stay on top of them. Identify the top and bottom of the range and use it to your advantage. If you happen to catch a dividend along the way, it's an added bonus. I've done this successfully for many years. You just have to resist the temptation to "get married" to a stock when it hits your sell target. I just look for stocks with clear sideways channels and an 8% to 10% spread between the tops and bottoms. Commissions are so low nowadays that they're not really a factor. Just stick with stocks that have good fundamental value and reasonable stability in their financials to avoid unpleasant surprises. PBCT seems to fit the bill very well.

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