Stone - I was going to bring this one to your board but I have not had the proper time yet to put together my current big bagger plays. I'm just checking in at lunch and headed back out to the jobsites - I will get something put together for you guys but it might have to wait until the weekend, got kids ballgames tonite and band is playing tommorrow night, been busy lately.
Regarding IRLBF I got a lucky snag at .125 last week and I think this is the way to play Bank of Ireland as opposed to owning the US ADR IRE because these are BKIR shares trading on the pinks and trade at a much more comparable level to BKIR.L when considering the currency conversion. I do own both though.
IRE trades at quite a premium to the 4 shares of BKIR it represents.
LYG is also a banking stock that mlkr and I are in and both of us think these two distressed stocks are well capitalized and the worst days are over. It may take longer to recoup big gains than say a similar investment in Bank of America in 09, but the potential is just as great if not greater IMO.
malc
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