Member Info for irish_bob

When a stock is at twelve month lows heading into earnings, its usually a sign of further downside , looks like a lot of shorts got burned today

smurfit is in a cyclical industry and that industry is in a serious bear market globally , i assumed it would join the rout , i expected it to go to 15 euro as that was the low around july of 2014 , smurfit was well down long before this current market rout thought it was more than shorting , this massive jump today may be no more than a short squeeze , i might well get another chance to buy where i sold

I sold yesterday like an idiot having bought two tranches @ 21.90 + 19.90, thought it would be 15 today , obviously a huge short squeeze this morning , this stock had been on a down trend for several months so things looked bearish

the irish market has held out from the global rout for a very long time , were it to roll over , the drops would be huge as its a very small illiquid market which is dominated by american money , smurfit could easily halve from here if earnings are not bright , the purchase in brazil will weigh on SP , anything brazil related is toxic right now , stock is not expensive overall but its anything but a recession proof sector

constant selling

those brokers are nothing but paid shills , citi group dropped below $40 today on the nyse , its had a $60 PT for about three years now , most price targets are meaningless , dont know if anyone follows GOPRO , it still have an average PT in the thirties

deal was agreed upon nearly a year ago , had shell known the price of oil would be down another 50% , i seriously doubt they would have agreed those terms if shell dumps this deal now , the share price will go up by a very significant amount , of all the majors , shell is down by far the most in the past year ( bp , exxon , chevron , total )

dont own any physical shares but i bought five hundred quid worth of december calls yesterday , imagine how much of an idiot i feel today

the market hates the deal as shell paid far too much for BG , if it looked like the deal had not enough support , the share price would be up

this is the next leg down , at least another 10 to 15% lower , the lows of the financial crisis of late 2008 - 2009 will now be tested

shell paid far too much for BG , the market hates the deal

no rate hike = weak dollar = good for oil shell will rise in short term

the IAG aer lingus deal is dead in the water , for politcal reasons , the left wing junior coalition partner in goverment are opposed to it

do you think easyjet has much room to run with this current airlines rally

same goodbodies guy told me he is bullish on paddy power , i would not be overly optimistic on that company , its pricier than ryanair on a PE basis etc and had poor results two weeks ago or so , all the bookies in the uk are doing terrible at the moment

i own the stock , bought @ 17.55 a few weeks ago , own 150 shares or around 2500 worth also own a grands worth of independent news and media which i bought at 13 cents flat , now there is a stock which lacks liquidity

i spoke to someone in goodbodys recently about smurfit kappa , they told me it lacks liquidity and that the price jumps around too much they were not overly enthusiastic about it as a buy

can anyone explain to me why the ADR of this stock ( ryaay )has such an large premium using a euro exchange rate of 1.315 and a five stocks for every one ADR , with a current prime listing price of 7.15 , the ADR should be valued at $47

poor results

very predictable that we sell off , should have taken my 2% gain since yesterday will go back to year low now in coming weeks as this industry is vulnerable right now due to political posturing