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Bullboard - Stock Discussion Forum Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

GREY:BNCIF - Post Discussion

Banca I.F.I.S Spa > Was at 23-24 before this LOI was announced
View:
Post by mcintma on Apr 11, 2017 7:31am

Was at 23-24 before this LOI was announced

One would imagine the downside limited down here at 21. In fact today should be the bottom. A 'buy the bad news' would not be surprising, later in the day.

GLTA
Comment by mcintma on Apr 11, 2017 3:33pm
At long last we have our bottom, methinks
Comment by deepstate on Apr 11, 2017 3:39pm
Agreed...panicky investors sold at the bottom.
Comment by Goldfather on Apr 11, 2017 4:00pm
Missed .175   But got a bunch at .195.  Lets see where it goes now ? .... I would bet mgmt puts out some damage control. Either some explain, or a forward message on their plans, state of biz, etc. as I would guess all the mgmt guys have lots of shares too .  
Comment by deepstate on Apr 11, 2017 4:09pm
from 45 to 17.5 with no significant pullback...this should at least recover to 30.
Banca I.F.I.S Spa
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