Barclays Share Discussion Threads

[astol] 29/5/2015 12:21

nice recovery on the share price so far today!!!!

[lrj] 29/5/2015 11:37

A DREAM.

The U.K. today announced they are to carry out a full investigation of the gambling industry in Las Vegas and everywhere else in the U.S. Legal papers filed show every US Bank is named, just in case. Mr George Baily of Building and Loan's said "we are fully helping with the enquiries" Mr Clarence Odbody refused to comment, but smiled as a bell rang!

[astol] 29/5/2015 10:50

thanks mrcravat-interesting post :-)

[mrcravat] 29/5/2015 10:17

That's perfectly true astol but it means( if true ) that BARC,HSBC and STAN have failed with their obligations to comply with stringent Money Laundering laws on both sides of the pond.

At this stage it's only an investigation but "Britain’s Serious Fraud Office is understood to be monitoring the situation and ready to help the US authorities" with this 160 page dossier.

HSBC were hammered a few years ago and it's not just the fine but the reputation of BARC that's at stake to already add to the woes of the LIBOR fixing and other fines.

I'm long on BARC & have a holding of £50k in my portfolio btw.

Good Luck to all holding.

[astol] 29/5/2015 08:43

mrcravat-It doesn't mean Barc or HSBC are involved in the corruption just that the corrupters used these Banks for transactions

[isis] 29/5/2015 07:37

FIFA now - LOL

[mrcravat] 29/5/2015 00:42

The Headline says it all....just when you're seeing light at the end of the tunnel :-(

edited to add being "investigated" at this stage

[smurfy2001] 28/5/2015 23:58

Let's hope so :)

[astol] 28/5/2015 16:37

pretty volatile session but Barc ended with a good finish pleased to see them hold at 271p.Looks good for a break out!!!

[astol] 28/5/2015 13:08

Good to see the Barc share price resilient today despite Asia fall and banks being hit hard over there plus the Dow futures down.Looking good for next resistance to 275p and thereafter 280p+

[astol] 27/5/2015 22:01

The Greek deal needs to be confirmed for the momentum to go forward on the share price . Barc has nore or less recovered yesterdays share price drop on news of a deal in the pipeline.

[diku] 27/5/2015 21:56

This Greece 11th hour done deal is now becoming too predictable...

[astol] 27/5/2015 21:45

blackberry122-Ta for the post/link-agree with the sentiment of a break out coming very soon.

[blackberry122] 27/5/2015 21:11

Barclays Shares: Long Positions Still Favoured

The Barclays plc (LON:BARC) share price remains prone to upside forces as the recovery in place since July 2014 remains valid.

The move higher in BARC has occurred in a broad upward facing channel - the bottom line of this channel is seen as support. We have this support located at 242p at the present time and would question the uptrend were this level to be breached.

Another support is seen at 257p where the 21 day moving average resides.

Note consolidation at 260-270, this has capped gains for much of the year and we would look for a decisive break of this level ahead of a test of 300p. The RSI reading is bullish, but not yet oversold, and is advocating for further gains. Momentum indicators are positive.

Analysts at Recogina Inc. suggest a stop loss be placed at 255.50p for long positions, it would seem that a break below the 21p moving average should be taken as a sign that upside momentum is waning.

hxxp://www.thecsuite.co.uk/CFO/index.php/finance/318-lloyds-and-barclays-share-price-overview-454354

[stockmuncherpr0] 27/5/2015 19:24

Try backing that statement up smurfy2001 with something credible.

[smurfy2001] 27/5/2015 18:59

300p one can only dream

[isis] 27/5/2015 14:39

People who smoke should be left alone - period.

PPI has netted the economy over £30billion.

If they applied this with other insurances there would be uproar. Take appliances like Kettles etc. where people take out 3 year insurances that cost more than the item!

There will always be stupid thick people!

[prambigear] 27/5/2015 14:13

To be fair, until 2008 all of this so-called 'rigging' was called competition between banks.
Traders are employed to construct the optimum deals for their bank (and therefore themselves).
Salesmen were employed to promote their complex products to institutions that should know what they are buying.

No 'men in the street' were harmed in that production.

Furthermore, clearing banks sold 'products' to customers on the basis of 'caveat emptor'.

Now it is cheating and mis-selling!

It would be more honest if the authorities held up their hands and said 'OK lads. We've changed the rules, but SOMEONE has to take the rap, and we've decided it should be you!'

[keifer derrin] 27/5/2015 12:33

looks like more pay out for PPI is on the way

[fjgooner] 26/5/2015 20:54

In response to: davew28 25 May'15 - 13:44 - 112022 of 112032

Re your: From memory, a few months back you were castigating Johnwise.

Yes. For (a) a seemingly relentless campaign of posting every conceivable piece of negativity with no balance; (b) occasionally posting way out of date content.

As an aside, and to be fair to him, he was right on the share that he was ramping which has more than doubled in price since. Good for you, Johnwise.

Either way that doesn’t change the potential relevance of the story that Johnwise posted about rigged computer systems may be of concern to those with an interest In Barclays. I’d certainly hope (and would fully expect) that Barclays had sufficient governance policies and IT systems audit oversight to present a robust defence to this.

Re your: I thought you were out of these now. What is your interest now, morbib curiosity?

I have always had and will always have an active interest in Barclays. I don't always hold a position: sometimes I hold a rather large position, sometimes with a smaller float, occasionally I hold none - preferring to sit uncommitted during times of (my perceived) uncertainty. Seeing that you asked directly, I have been in the latter position since March 6th when I exited all positions around the 266p mark, but have been pleased (for many on this BB) to see the price finally recover to and exceed that level finally last week. Let’s hope that rally can re-test the high 290s sometime soon.

So, what you are really asking is, I guess, why am I still here on this BB now. My activity on this BB (mainly reading and occasionally writing), on the rare occasions that I have no position, is to remain fully in the loop pending future decision making.

I don't envisage making any trades whatsoever in Barclays over the remainder of this year – pending a few issues which have been well discussed here – but can’t possibly imagine being un-invested in the medium term. So I have no material interest in the share price movements, only an interest in the progress of the company (which looks pretty good) within a litigious maelstrom and a volatile regulatory environment.

[mbmiah] 26/5/2015 19:08

Please be quiet Porty

[portside1] 26/5/2015 16:11

johnwise so why has the liar Jenkins not been sacked he has lied to investors
so is he different the man is dam dishonest and must go