Re: Anyone else here feeling used and abused by People's Bank management?
Dick Margulis <d...@dmargulis.com>
HuskyTHON wrote:
> The drop of the stock has mostly been caused by other economic factors
> (e.g. the housing market). So the stock price is at this time a weak
> indicator of the potential of People's.
That doesn't really respond to the question I asked, but thanks for
the observation.
> Although Peoples denies the possiblity of being bought out, it is very
> realistic to think that it can still happen. In the case Peoples
> remains independent, give the stock some time and it will return to
> $20.
Oh whoop-di-do. If I hang on long enough, it will finally make it up
to what I paid for it? That's like saying if get sick enough, I'll
eventually get down to a healthy weight.
I think I'll be money ahead if I sell it and take the loss to offset
some income.
Anyway, thanks for your optimistic assessment.
