Which Irish Bank Will Last? (IRE) or (AIB)
Posted on November 01, 2011 at 03:00 AM EDT
(EMAILWIRE.COM, November 01, 2011 ) Minneapolis, MN - The banks in Ireland and Ireland itself is facing some hard times. Well, actually the whole world is facing hard times.
In Spain banks have even rebounded. So will the banks rebound in Ireland?
Well, we have two to look at.
Before we get on to the two Irish banks, please take a moment and visit http://www.megastockpicks.com and sign up for our FREE alerts, including our FAMOUS Bottom Bouncers.
First we have the biggest bank in Ireland, Bank of Ireland (NYSE:IRE) which rebounded nicely on Monday after Europe decided to help Ireland out with a MEGA sized loan.
Second we have Allied Irish Banks, plc. (NYSE:AIB) which was not really up that much after the news.
(IRE) is a lot larger bank than (AIB) is, so make sure to take this into consideration before purchasing either IRE or AIB.
There is a chance that investors were selling (AIB) and buying into (IRE) on Monday, because they felt that (IRE) was a much safer and stable bank than (AIB).
Mega Stock Picks believes that each (IRE) and (AIB) offer investors a great chance at easy gains, but that (IRE) is the much safer of the two and most likely will jump in price sooner.
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