Bought more today at 12.25. This will rebound with the next anoucement of dividend in early June. Buy low sell high!!
The specialist is bring stock down buy purchasing all those who are selling. By the day before the ex div. 4/28 he will be selling at much higher prices. We will see $15 before that time.
I spoke to VLY this past week. I believe that based upon what I know the div. will remain the same. Also institutional buys have been substantial during the quarter ending 9/30.