I have a few issues.... SP is very different this week. Market is driven by sentiment. Share trading has never changed, I.e. investor beware. Shorters get fried from time to time also. if you have the ba**s to short or day trade and the capital why not? You are invested in a bailed out bank and country here. In you don't like the bumpy road go for more secure investments.
No different then it was last week,this might sound simple but how much exposure does it have to Greece looking at G B banks did not seem to have much effect at this time Problem with shares now days,there are people who buy shares and think will make fortune in a few days these are gamblers Day traders how many do you know make anything apart from prof Shorters these people have to be taking seriously,why i say this the are involved in small company which I have small investment and have destroyed people's lives if you read blog of shareholders in this company you wonder why Shorters are legal but banned in most successful country in Europe Germany Have more shares in one company then I would like but can not refuse if stay at closing price 19.5 here in G B Ireland improving x good news British post office
someone is going to make a killing on this. Will ross be back with his tail between his legs? I'm not a bit worried but definitely disappointed. Never thought we would be below 27c again.
Greece contagion is bad enough but the adr timing couldn't be worse. They should have just killed it on the day and sort the holders out in the back ground. 5% of the stock is a lot of market distortion. the fact they have to sell to buy back has to be a problem. the currency gain alone is giving investors a chance to get out. Richie hasn't put a foot wrong up until now. was this adr de-listing his call I wounder ?
back to greece. I think we could wake up one morning soon to find Eurobank and maybe more have been nationalized. Its unlikely the ecb or imf are going to bale them out without a new deal. Is there even time for a deal to be done before they run out of cash. time the greek problem was sorted one way or another anyway.
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