Originally Posted by mikeman
Thoughts in IRE? It has been up big the last few days.
I bought at 1.05, sold and made some profit. I bought higher later, am barely up now. My take on the Irish banks (IRE, AIB) is buy as low as possible, hold for a long time. Ireland won't be in crisis mode forever. If these stocks go back up to where they were, you'd make a big return. But there's the chance these banks will fold before this happens.