UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: strelna Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1202  
Subject: Director purchase Date: 11/9/2007 3:29 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
I was getting a little nervous on account of the fact that no director had made a recent purchase despite a drop in the share price significantly below where they had previously bought with confidence. I am therefore glad to report that Nov. 8th. J. O'Donnell bought 12k shares @ euros 14.40. However, I do not think he has a large holding already.

With the latest director purchase (I hope others follow), the share price considered about 27% below fair value (on the evidence, God help us, available), I have changed my mind and made a third purchase of Allied Irish Bank @ euros 14.73.

This is partly because my Anglo Irish Bank alternative looks, from the Merrill report, as if it has greater exposure to the yet unravelled Irish property market.

Below the rocky eminence on which I stand poised, are two pools, one opaque, the other clear (the latter looks rather as if it might be made of cement). This time, I have deliberately chosen to dive into the one in which I cannot really discern the bottom. Is that really wise, you may well ask.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next


Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.