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Sold: The Eircom Shares Saga

  • 07-04-2022 9:41pm
    #1
    Registered Users, Registered Users 2 Posts: 5,516 ✭✭✭


    Sorry if there's a thread on this already, not sure if this is a repeat.

    But by God, they really pushed this on the general public. I remember my Dad bought some, not sure how much he spent though. Think it was a couple of grand. People were borrowing money to buy the shares.



Comments

  • Registered Users, Registered Users 2 Posts: 84,707 ✭✭✭✭Atlantic Dawn
    M


    Yes it's a repeat, I think there's a thread on it but finding it is another thing. It kind of came down to greed really, people were pretty much gambling as is the case with any shares, they just might have been 'steered' a little by the hype.



  • Registered Users, Registered Users 2 Posts: 84,707 ✭✭✭✭Atlantic Dawn
    M


    Yes those who got out after 2-3 weeks did very well.



  • Registered Users, Registered Users 2 Posts: 505 ✭✭✭HorseSea


    I was one of those that did well, but I only had the minimum which was £700, I think I got £1070, great return. Pity I didn't have more to start with. Still based on how most others did I won't complain.



  • Registered Users, Registered Users 2 Posts: 5,516 ✭✭✭Wheety


    Unfortunately my Dad wasn't the most financially savvy. He believed the hype and held on. Not sure if he ever got much back.



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