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Re: Watch ING
Seems like the stock was being driven down yesterday (-18%) and this morning (-15%). However, trading was halted much later into the day when it recovered to about a loss of 6% ?
Anyway, this halt in trading can't be good news for the value of the stock regardless of the reason. It'll only add to the panick among holders of the stock to sell off tomorrow morning.
While ING is one of those large banks that's in very bad shape, I can't see it going belly up if only because it'll be too much of a financial burden for the Dutch government? They'll do anything to escape having to nationalize it. If only they controlled the ECB printing press... ;)engineer with little (or even no) economic insight
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