If you have a new account but are having problems posting or verifying your account, please email us on [email protected] for help. Thanks :)
Hello All, This is just a friendly reminder to read the Forum Charter where you wish to post before posting in it. :)
Hi all, The AutoSave Draft feature is now disabled across the site. The decision to disable the feature was made via a poll last year. The delay in putting it in place was due to a bug/update issue. This should serve as a reminder to manually save your drafts if you wish to keep them. Thanks, The Boards Team.
Hello all! This is just a quick reminder to ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere.

Sold: The Eircom Shares Saga

  • 07-04-2022 9:41pm
    Registered Users Posts: 5,427 ✭✭✭ Wheety

    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.


  • Registered Users Posts: 75,038 ✭✭✭✭ Atlantic Dawn

    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 Posts: 1,479 ✭✭✭ tphase

    I know someone who borrowed something like 15 or 20k, bought as many shares as he could and flipped them after about 3 weeks for a tidy profit and had his loan repaid within the month

    .....jammy [email protected]

  • Registered Users Posts: 75,038 ✭✭✭✭ Atlantic Dawn

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

  • Registered Users Posts: 364 ✭✭ 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 Posts: 5,427 ✭✭✭ 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.

  • Advertisement