Here is my buy and sell barometer. (not really mine per say, I am a long term holder, but I have an inkling this would work well)
Based on the number of new threads created here per day.
2-3 new per day = SP stagnant (time to buy) 5-10 new per day = SP experiencing mild volatility 10-20 new per day = SP slowly rising 20-40 new per day = SP rising quickly 40-80 new per day (and a few new posts from never before posters) = SP jumped recently 100+ new per day (and many posts from never before posters) = SP is topped (time to sell)
very possitive to see bkir finish above 30 two days in a row , especially when european markets were all down bar ireland , in ( this time ) since .265 but have a buy booked at .281 , if we dont go there , im still happy
paddy power let me down today on a small investment , bookies having an awful year
he only put the petty cash in eurobank, e38mm or so. He got all the publicity but relatively speaking put up the lowest cash in his little consortium. wouldnt surprise that he got a large, no risk, arrangement fee for putting consortium together. pay for his birthday bash im sure
I'd be inclined to agree with irish_bob, Wilbur is no fool and i would surmise he decided to extracate his profits and invest the quite substantial lump sum into something else which will do doubt potentially generate a returns singnificantly in excess of the €80m...Wilbur will be very congnicant of keeping the investors in his funding vehicles on side...no one ever lost money by crystallising profits...a very real case in point of opportunity cost of investment
didnt know wilbur put money in any cyprus bank , he did invest heavily in eurobank in greece , he bought in @ 30 cents around six months ago and it rose to nearly 45 within a few months , was back near 30 cents in the past few days but is up 10% today
i tried to put some in eurobank , unfortunatley it cant be bought through saxo
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