For one month in December IRE ran steady at $6.50, then it took off to $8.50 range. Now it has been in the $8.50 range for one month. Expext it to break out another $2 or $3 before earning release.
actually bir.ir went up 50% in the past 2 months, while the american driven ire adr's went up over 65%. the adr shares have no value, just an american trading scam.
bir.ir has over 30 BILLION shares, with a 50% increase in this stock, the new lack of earnings results are already prices into the stock.
ie. is on a comeback, however, the state is still downsizing this bank (secondary businesses) until incomes pick up people still CAN NOT finance their lifestyles.
stay clear from those american SCAM ire adr's. as of yesterday they were 1.30 usd OVERPRICED
The stock actually ran to the $9.50 range.