Gov wont sell in advance of stress test that would be so stupid & I am sure they have advisors to tell them that. Im sure they will do their bit to ensure confidence is restored in Irish banks. The gov doing something like that at this time would cause a panic and there is no need for it. As for the rest who knows but cant see why they would sell now. Ross was different as I suspect he was working on the Cyprus situation and was happy with his 3x in Ireland. I have estimated that he bought into Cyprus at 40% of BV and as we know he sold Ireland at 1.5x BV so he had good reasons for his trade. If he gets back to 1.5x times in Cyprus he is on another triple on his ireland money. He will do that quicker in Cyprus than waiting for Bkir to go to 0.9 for same gain.
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