Bob, why didn't you sell when it reached 38? That was my mistake not selling when it was in the high 30s and buying back on the drop. Hindsight is always 20/20 I guess. I wont make that same mistake twice.
an exceptionally strong dublin property market can only be good for bank of ireland SP , still think we dont get past 35 cents by year end but i will be delighted if im wrong , will sell most of my holding of bkir at 30 cents , bmw , ryanair and hsbc ( when it drops more ) will share the spoils
i would not be surprised if 30 cents was the high for the remainder of 2014 , id still be up around 10% which is what an average index fund returns each year , i think we have already seen the highs of 2014
might well climb another few percent tomorrow but i think we have a retrace by end of week , would like to buy back 5% below i bought in , they missed earnings ( albeit lower than expected ) but outlook is much improved for the coming twelve months , stock down 25% from yearly high prior to today so was due a bounce
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