receive daily
reports of the
TOP PICKS
OR
your personal
stock choices
| Click Here to receive daily reports of the TOP PICKS OR your personal stock choices | STOCKCHASEWhat the experts are saying! |
|
| There are 3 registered members and 50 guests viewing the site. | Follow us on Twitter |  Rss Top Picks Feed | Rss Daily Feed |
|
| Comment | 5.330 | Benj Gallander | Had a stock consolidation of 10 to 1. Has gone way down in value because of the consolidation. If you own, consider using it for tax loss selling. | 2011-11-03 | |
| SPECULATIVE BUY | 0.970 | Benj Gallander | People often look at tax loss selling at this time of year. Is a high-risk position. You have to think that you will possibly loose all the money you invested but if you keep it and it turns around it could be a 10 bagger. He has a top pick tonight in a similar ballpark. | 2011-10-04 | |
| DON'T BUY | 0.965 | Charles Lannon | On the brink of insolvency. If you buy this you are speculating on a bailout. Irish economy won't allow them to grow loans on the books. | 2011-09-22 | |
| DON'T BUY | 1.040 | Lorne Steinberg | They all imploded. The government had to take over a huge chunk just to keep it surviving. Irish economy is still in poor shape. So many new shares issued that they will not come back to a fraction of where they were. No interest. | 2011-09-20 | |
| DON'T BUY | 1.240 | Karl Berger | You think of this kind of stock from a trading perspective and not a holding perspective. It is a distressed situation. If you have risk tolerance. | 2011-08-30 | |
| DON'T BUY | 1.230 | Gavin Graham | If you want to play this, he would suggest you buy Fairfax Financial (FFH-T), which was one of the companies that bought into this bank to help refinance. They have a lot of other investments that would offset this if it didn't work out. | 2011-08-05 | |
| SPECULATIVE BUY | 1.240 | Benj Gallander | Up 42% today. Passing the stress test is not equivalent to turning the corner. For people who are willing to risk all of their capital it could be worth it – 10 bagger. | 2011-07-15 | |
| BUY | 1.140 | Paul Harris, CFA | Doesn’t think it will be nationalized. Have done a lot to shore up their balance sheet. They have an opportunity to work out their issues. It’s the economy that has to turn around and then they will do well. Ireland is a great company because they have a young workforce, low taxes. This will be dead money for 3 or 4 years. Build a position over a period of time. | 2011-06-23 | |
| DON'T BUY | 1.630 | Benj Gallander | If you play this you have to be prepared to lose everything. They are looking to convert some of their debt into equity. Has NBG-N. | 2011-05-31 | |
| DON'T BUY | 2.030 | Benj Gallander | Just recently sold the last of his holdings. He was worried that the new Irish government might nationalize this. Government gave them 2 months to raise money so it is a high risk proposition. If you are willing to gamble it could have another run. High risk. | 2011-04-25 | |
| Comment | 2.140 | Benj Gallander | Just sold the last of his holdings. He was nervous of what the new government might do. Shares stopped trading but have started again today. Have to raise a certain amount of money by June to remain listed. | 2011-04-01 | |
| WEAK BUY | 1.840 | Paul Harris, CFA | Out of all of the banks in Ireland, this would be the best one to own. Ireland has varied work forces, low tax rate and an economy that will start to grow again. He core business will continue to grow. Once that is solved, IRE will do well. He would prefer Lloyd’s. It would be at least another year before you see anything with IRE. | 2011-03-24 | |
| DON'T BUY | 1.950 | Ben Stadelmann | Irish banks have had a really tough time. The situation is very tenuous in Ireland. New government wants to renegotiate the terms of the bailout. So the question is now this negotiation is going to end up. Wonders if one of the things that is sacrificed is the shareholders. | 2011-03-16 | |
| SPECULATIVE BUY | 2.520 | Benj Gallander | He played it twice. Early on in the melt down and then 31 days after and had a 10 bagger and sold half, but it was too soon. It could get nationalized and investors get nothing or have an incredible run. He is content with the position. | 2011-01-04 | |
| WEAK BUY | 2.390 | Paul Harris, CFA | This is one of the better Irish banks. Not involved with mortgages as the other banks. Not fully owned by the government so there is opportunity for the stock. Good thing is that about 50% of their business is in the UK. Losing massive amounts of deposits. You’ll make a bunch of money in a few years. It’ll be a long process. | 2010-12-23 | |
| SELL | 2.550 | Gavin Graham | As a minority shareholder, you will make no money at all. You will be diluted out of sight. There is no value left in these franchises. | 2010-12-17 | |
| DON'T BUY | 1.580 | Paul Harris, CFA | Probably the best of the Irish banks. Minority owned by the Government but they may end up taking a majority issue in it. Losing a lot of assets. You have to wait for it to settle down a little. | 2010-11-25 | |
| WEAK BUY | 3.400 | Benj Gallander | Very risky but he has it in his personal portfolio. | 2010-09-17 |
