Feeling Daring?

Ok here's one which is rather risky but the expected SP increase far outweighs the risk imo... have a look at (IPM) Irish Perma Life... yes its in a terrible situation like many of the Irish Banks and it was fully nationalised but then again so was RBS a few years ago and they recovered strong(ish)

This share was over €20 and has fell down to less than €0.03 today... its not been down to 3c for long there has been trouble recently but there has been a massive drop today of over 40% and it doesn't have much substance behind it, i know quite a few people who are getting involved with this and looking to hold for a bit, all the bad news has already happened so in time this Share will increase by 50% or maybe much more, i'd say that it will happen in the near future... maybe in 1 week, maybe in 6 months but either way, it will give a nice yield on a short to medium time frame, on a long time frame this could be an exceptional performer.

I'd say it will fall to around 2.5c today before it starts to recover, not for the faint hearted :clover:

I'm off to the beach now for some sun and food and cba watching this all day tbh so just bought in,
The spread was pretty horrendous so i was given 3.2 when the SP was 2.88 -.-

Looking forward to seeing what the next few weeks / months bring

looking like a good punt there doom you might have nailed the bottom. any target in mind or just holding on for the ride?

You can also charge into Lloydes. It's recovering rather weakly today.

lloyds now there's an old wound.. the scene of many a coulda shoulda woulda trade

rc450 said:

lloyds now there's an old wound.. the scene of many a coulda shoulda woulda trade

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Average down, old boy, average down. In fact you can average down some more in the coming days.

BeginnerJoe said:

Average down, old boy, average down. In fact you can average down some more in the coming days.

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steady on bj, that profile pic of mine was taken before i broke into the chimp compound at the local zoo and railed all that hot chimpy pooter,now my stones are nowhere near big enough to do such a thing as average down and it's gonna take a while for them to return to their former glory.:clover:

rc450 said:

looking like a good punt there doom you might have nailed the bottom. any target in mind or just holding on for the ride?

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I sold just shy of 100% increase not long after this thread, the Irish Banks are something i have enjoyed taking advantage of but for now they are in tough waters.... i'd of held for longer and maybe even got €0.10 but i don't like holding trades very long these days, especially Irish ones that are up and down more than an escorts knickers

rc450 said:

looking like a good punt there doom you might have nailed the bottom. any target in mind or just holding on for the ride?

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If you have nailed that punt to the bottom and the tide goes up you may have a liquidity problem.

Splitlink said:

If you have nailed that punt to the bottom and the tide goes up you may have a liquidity problem.

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Very droll .

Splitlink said:

If you have nailed that punt to the bottom and the tide goes up you may have a liquidity problem.

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eh?:idea: oh yeah getya.... i'm gonna be honest i had to read that a few times then again i iz first class dip****

rc450 said:

eh?:idea: oh yeah getya.... i'm gonna be honest i had to read that a few times then again i iz first class dip****

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Don't worry. I'm bored, this morning, we've had a thunderstorm and the lights keep going out,so I'm not trading. Just playing silly buggars to pass the time!

Splitlink said:

Don't worry. I'm bored, this morning, we've had a thunderstorm and the lights keep going out,so I'm not trading. Just playing silly buggars to pass the time!

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meh, a real man would go all in and without stops...

You don't ever see me using stops. I think stops are for girls.

rc450 said:

meh, a real man would go all in and without stops...

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I'm just a skinny weakling

BeginnerJoe said:

You don't ever see me using stops. I think stops are for girls.

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Lol stops are certainly needed to trade safely, because stuff like this does happen: