They banned shorting but Merkel has with her open door policy destroyed Europe with every dog n divil crossing for a "better" life. A line was encroached today ..... An 80year plus good man and servant to his religion got his throat slashed and died on the altar by barbaric animals ranting Allah. The world has changed , uncertainty rules. Uncertainty feeds shorty.
Along with all the other pilgrims who live in hope - the comments concerning market cap are noted but really what else can be expected under the circumstances. When I first joined this happy band @ .37, the market cap was higher but then fell - if memory serves - to just over 2 billion. The shares were on the floor post Rites Issue, so I jumped in with both feet when they fell to .06 cents reducing my average to .15 which is where I sit now. Not uncomfortable but having made no real money - which was the original object of the exercise. Could have sold out like Ranger, in the high 30's and should have done really, but I like it on here, you can always pick up something useful in terms of insight and sentiment which we hear very little of lately in spite of Brexit and various recent atrocity's especially today's in France. The sins that cry to heaven for vengence....... Will be missing for a few days, because my daughter wants me to look at wedding reception venue's with her and to meet the priest who will preside over the event - an Irish man from Limerick so that's alright then!!.. Look after the shop while I'm away and don't be worrying about speculators they will get their's in due course. Patience is required until the big lads have finished their games of mine is bigger than yours (Super Yachts) and return to the markets in six weeks time. It has always fascinated me that these men who tell us that they work so hard spend so long on holiday and go so often.
No one genuinely has a clue irrespective of results where this share is going. It hangs on the frills and nuances of its European peers. As for a dividend.....said it before and I'll say it again. 2016 it would be reckless to give a red cent to anyone.
I dont think the short matters one way or another. Its just business and It's just an opinion like any one else's. he may be right or just as easily wrong. Anyway now that he has borrowed and sold his next action will have to be to buy. He either gets squeezed out or makes his money and runs. Either way it almost 1% of bkir marked for a buy at some stage.
clever money knows no Div 2016 probably small div postponed till 2017 forward guidance woint be clear due to brexit and global growth uncertanties current sp pricing in news, personally very disappointed with this share holding 8+ years ireland one of the first countries to tackle banking debt issue and irish banks seem no better off than their italian counterparts.
if a major short position is all we have to worry about , we have nothing to worry about as it will eventually get squeezed , often perfectly good companies get shorted if they just happen to be part of a sector which is out of favour , airlines are a good example right now in the usa , they have PE,s which make banks look expensive and are three times cheaper than the likes of ryanair
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