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S&P 500: 1,317.11 Change: -0.21%
LesGetRich
P&P Score: 1.00   Points: -161.37   Accuracy: 33.33%   Average Pick Score: -6.13   Annual Return: 7.13% (20.70% since 7/2/09)  

LesGetRich's Blog : Good time to buy IRE (Bank of Ireland)

Date July 27, 2010    Comments Comments (1)    Rate this post Recommend This Post (100)   
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The Bank of Ireland just crossed it's 50 day and 200 day moving averages on Friday. This normally signals an uptrend in price. Projections show it retracing up to $25/share from a current price of around $4.50/share. S&P puts it's fair market value at $14.80. It was trading above $9/share before the Greek Debt scare. I think it's making it's move back up.
Tags : IRE   BANK OF IRELAND   INTERNATIONAL   ADR   TREND  

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Author rjm77me     Date July 27, 2010 08:25 Abuse this post Report Abuse
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Expect $7 in next 6 months = 50% upside
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