At this PE, why would anyone? You could almost justify a run at FTU with greater upside potential. (I realize that you have to use weird math to make that one work, but made you think, didn't I?)
I really don't think that's a way (i.e. as a takeover play) to make a buck on this stock.
I still think selling into strength (i.e. $35 for me) makes some sense although I still plan to hold much for the long hall. If I sold some at $35, I would get back in below $27, based on a soft landing and falling rates.
I actually think that most financials will rally for the next quarter at least as rates fall.
All IMHO of course. See, I told you you should have bought FTU at an almost 8% dividend with lots of upside potential!
But, then again, I've been wrong before!
Regards......and why havn't you moved to the other board yet WP?