The Governor and Company of The Bank of Ireland (IRE): Foreign Regional Banks Industry. Market cap of $2.94B. RSI(14) at 32.12. Institutional investors currently own 8,015,272 vs. 4,227,243 shares held three months ago (+89.61% change). Short float at 0.06%, which implies a short ratio of 0.19 days. The stock has lost -78.08% over the last year.
Irish banks have become the financial boogeyman in the second wave saga of debt crisis. People of Ireland should sign an obituary of the Irish banking system.Long live the Irish Banks…”The Irish government will reportedly take a majority stake in lender Bank of Ireland…” From socialism to communism…little by little the state will begin taking ‘majority stakes’ in various businesses, in various industries…the beginning of global dictatorships?
Marketclub has a very interesting take on how this news will effect IRE. Tap Here For a FREE Report Sent To Your In-box…
