5-Star Stocks Poised to Pop: Allied Irish Banks

• Report this Comment On October 12, 2008, at 10:38 AM, weiwentg wrote:

  Ireland's housing market has crashed and the country is in some economic distress, <a href='http://www.businessweek.com/ap/financialnews/D93O2CA01.htm'&... this Businessweek article indicates</a>. The Irish government had to guarantee deposits as well as bank debt. New investors are betting on the Irish government's ability to manage its way out of the crisis. They also should be aware that the additional national liabilities have severely strained the nation's credit rating. Does the Fool have any comments on those issues?

• Report this Comment On December 16, 2008, at 5:30 AM, steven107 wrote:

  They won't. They will either keep telling you it's a great stock like so far they are with AIB, or they will stop talking about it altogether and you will be asking: 'are they going to write any more on AIB?' or 'what do the Fools think now of AIB'. They do not know how to say: 'we made a mistake on this one' or 'this was to early to invest in this one', or 'we should not have reccomended financials of any kind in a world wide recession', or 'we shouldn't have reccomended getting into irish banks to avoid an american housing bust without mentioning that the irish housing market was at the beginning of their own housing bust, so had we actually reccomended for you to get into a us bank, you would have been closer to the bottom as it was falling and what we reccomended for you was to get into irish banks before the fall, at their peek, so that you will actually lose more money more quickly'. They don't know how to look backward at investment mistakes, admit them, and write an article on why it was a mistake, and so they will never learn from them, and any of us that read this site for financial knowledge may have to learn on our own and only view this site for entertainment purposes.

• Report this Comment On January 22, 2009, at 3:40 PM, steven107 wrote:

  I think I figured it out. Author, you made a misspelling in your title. "Drop" is spelled with a "Dr" not a "P"...

  "5-Star Stocks Poised to Pop: Allied Irish Banks"

• Report this Comment On January 22, 2009, at 3:46 PM, Technicals wrote:

  Ireland's currency is in huge trouble, it's only a matter of time til' they go Euro, another currency consolidation, there is no bank immune until the World Bank owns everything.

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