Member Info for Irish_Renegade

The only person who needs to leave here is you. Do us all a favour and bring your trolling to another board. People here are sick of your ramping and deramping to suit your personal agenda of trading this share. You have zero credibility and all you do is irritate people.

@FONTENOY is correct. There are plenty more reasons than good mortgage figures to driver this forward. The next 18 months in particular will be very interesting to see how far this SP can travel upwards. As widely reported in the media you can very much expect to see a mini boom in the economy and the reports on the ground in different retail sectors are all indicating that it has started already. I have recently topped up myself on this one.

We need patience...

The fact that we have broken through the 4.00 mark and it has maintained support at this level is positive in itself. As the new range finds itself I personally expect this to take a leg up as we emerge from lockdown. The uncertainty surrounding this is holding the price back. Some good news in the market like positive mortgage lending figures etc will obviously help.

Everyone is wanting this to take off including myself and it will in time but I for one am quite happy that we are quite steady and well supported at €4+ range. Sit back and you will be rewarded in time.

Silverhorse - "My bet is a deadly covid variant that will hit the young people later this year - fall under 3.50"

On a human level that statement is just plain wrong. So you actually hope that the virus mutates to a more deadly version that kills kids so you can hopefully get your entry level of 3.50 and watch it rise to your new target of 6.00. What a disgusting comment to come out with. Have you no morals whatsoever that you would literally write anything on this board hoping to steer the SP in the direction you choose on the day of posting. Your really need to take a good look in the mirror. There is absolutely nothing in the medical world to back up your vile statement.

And as for you playing cards calling him a genius... get you head out of his a$$ and you might see what is going on around you.... if you are prepared to support someone who makes statements like this then you should also start asking yourself some serious questions.

Thankfully this virus has not been as devastating to younger children in the same degree as it has been to the elderly and vulnerable of society who tragically have suffered badly and so many have died.

Did you change your mind silver, was that your 10m buy this evening?

@valueinvestor96 - How is your shorting working out for you?? After all the horses#1t you have posted on the chat I hope you enjoy having your a$$ handed to you on a plate!! What goes around, comes around!!

Great... more bulls*** to look forward to reading next week. Do you not have a junior cert you should be studying for??

Even if the SP closes down today (and I do not think it will personally). Any dip it will be well supported and rise back up in a very short space of time. I think you would be crazy to sell on these results. They are ok overall but more importantly they have a positive outlook for q3/q4... no NEW big nasty surprises. Let the market settle and this will take a leg up very soon imo. 1.21 - 1.34 I would expect.

Best of luck with that... I wouldn't have the bottle for it myself at this stage. It's too volatile for my liking and personally I think the whole cryptocurrency thing is a bit nuts the way they are all set up. I also feel I missed the boat if I was to have a complete gamble.

Which one of the 4000 cryptocurrencies did you purchase? Bitcoin? Dogecoin - to the moon!! ??

I appreciate your follow up comments and clarification. Best of luck to you with your investments.

Things are bad if playingcards is scoring points of you.

@Bankraid - Why would you post something like that when most people who are reading your post are still invested here. You just look like a A$$hole gloating to everyone who is watching their investment fall. Anyone with a bit of class about them would wish everyone well when they exit.

Mr Hopeful, if you pull your funds from this and invest elsewhere you need >15% growth year on year for 3 years to break even. In answer to your question which is for a recommendation for a low to medium risk share that will give you this level of return then the answer is not out there. That level can only possibly be achieved by a high risk share/fund and you already know the risks involved in that. Either sell and exit completely if you can't stick it anymore or try and close your eyes and stick with it. Personally I would sit tight.

My opinion is my own and remember it is only one opinion and there are plenty alternative opinions to contradict. If you don't like the risks then invest in a lower risk fund but I do not see the level of return you are seeking being achievable in that 2/3yr time frame. And for those who wish to criticise my opinion, remember that at least I offered him an opinion and didn't just sit on the fence and offer him generic financial phrases with a few buzz words thrown in for good measure.

Whatever you decide I wish you all the best.

WasBenLittle - I'm nobody's agony uncle and cannot predict the future but you made big boy decisions all by yourself when you purchased shates If you don't need the money today and are not interested in reinvesting it elsewhere then IMO why would convert a paper loss into an actual loss? All that does is let you exit this game and get out of shares which is fine if that is what you want. Considering you haven't sold up to now I'm guessing you don't really want to take a loss. Suck it up and you will recover it in time and never tell your kids about the experience!

Too many people caught up in shares and usually lose money in the end. Investment funds with lower risks are probably more suited to these individuals who are not happy with the big ups and downs and would rather a slower smoother journey with less worry along the way... perhaps less profit potentially but less grey hair too!

@ Mr. Hopeful - What is your average price on BIRG? Was the 6k figure you mentioned your actual initial investment or just a figure thrown at you by a wise old man?

Trying to invest for a quick return has big risk attached and I'm guessing after the battering you took on this one you are looking for a slighter safer / slow burner. If you are averaging €6.50 to €7.00 or below perhaps a further reinvestment into this might be the answer. TBH I'm surprised you didn't invest more around the €2.00 mark which would have seemed like a good time to average down again IMO.

If you have balls of steel and spend most of the day high on cocaine and high fiving high class hookers then go for bitcoin but that one is a complete basket case and defies logic imo. Sure, on paper entry at US$45k and exit at $50-52k looks like an option within a 2 week period for fast return but that one could fall to $35k or rise to $60k in 24hrs so for me personally I wouldn't have any appetite for it now. I missed out on it at $8K when I wanted to purchase 5 bitcoin as a complete gamble to test the water but I wimped out of it thinking it could fall to $4k while i'm asleep.

Anyway, in answer to your question perhaps adding another 2500 shares to your BIRG holding and wait for 4.50 should get you fairly out of this one.... although I'm sure that will be a hard pitch to your wife by the sounds of things.

€4.50 is achievable IMO on BIRG.

BTW I feel your pain... I got burned badly on bank shares too with AIB. Thankfully, i averaged down last year and have recovered well but it was a depressing journey none the less.

Looks like I am one for a few familiar faces from other boards to join this one. Anyway, lets see where this takes us all. Seems like RR is the buzz word lately and creating a lot of interest in the markets. Time will tell... GLA.

Good post Mike, helpful and informative. Friday will hopefully answer some of your questions. GLA

Your last 2 comments on AIBG sum you up perfectly.... ramping and then deramping in only a 24hr period!! And you wonder why you get so much stick here...

Hi Anapa69, I know you base most of your calls on charts.

Can you tell me what are the charts are saying at the moment. It's @ 1.78 as I type at the moment after an open of 1.83 and a peak so far today of 1.93.

Are you seeing a good support level for an entry point or should people sit tight as it is hard to forecast due to obvious profit taking? I don't do much with charts myself so this is not my area of expertise.

Wow, what a day on this one. Congrats to all here who have done well and made money, recouped their losses, averaged down, increased their holding or day traded like a warrior. Chuffed for all concerned. Hopefully Friday will also be rewarding for you all too. Great to see some actual good news on this one and hopefully some confidence being restored long term. GLA.