its oversold in the short term and should bounce back above 28 cents by end of week , even its only a brief rise above that level , good short term trade assuming an absolute plunge doesnt occur , funny thing about this current market sell off is that its been relatively slow in unfolding , there has been no august 24th event so far
Wow. I'm completely gobsmacked!! Ok I bought in at 10 cent. But right now looks like we are at the beginning of a major correction.... I just looked at the 1 year and 2 year chart. It's very very poor. It's saddens me to see us back at a sp not seem since 2014!
Not just bank of Ireland or just an Ireland crisis ,in 2008 the banks were rotten to the core in Ireland where At least now they were strictly monitored in least couple of years ,so as long as I know the bank is sound ,in long run it will pay and will hold on till dividends when ever that is and beyond . Even if it goes lower which wud not surprise me or if it goes up I would not be surprised ,I'm just satisfied in long run its a very sound bank because they were properly regulated since 2010
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