IRE - pos. Please start by going back and searching our board for IRE and you will find mlkr's and my earlier discussions. Too much information for me to want to try and spell it all out again.
Also, mlkr has done a mighty fine job of posting all the latest Irish news regarding IRE and the banking sector in general over there. IRE, in my opinion, will avoid majority government control by bondholders converting and the issuance of new shares to existing shareholders.
I was hoping mlkr would have gotten back to my last Q, and I'm sure he will, but the main reason I'm going to be getting more shares here hopefully at the IRE bottom is to have an opportunity to load more shares from a company offering at .11 euro/share. One US IRE ADR is equal to 4 BKIR commons. So if I buy 1000 IRE I should have a crack at 4000 more BKIR commons at .11 euro each, which is a considerable discount to where IRE is currently trading, even as it approaches the dollar range. One dollar is my tentative bottom to buy more before July 7.
malc
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