Legal & General Share Discussion Threads

[scepticalinvestor] 02/9/2020 14:28

very well done, almost exactly the bottom.I am not a chartist but it really is unlikely we will see 1's again looking at the rsi etcAt this lvl, LGEN certainly should be a long term hold for every pf imo

[milliethedog] 02/9/2020 14:26

Also, i looked at my Aviva buys during same period; 250, 243, 231 & 211...
Sold out there too day before XD @ 304.1....now at 275
Same question applies there really....
M

[milliethedog] 02/9/2020 14:22

SI....it was @ 1.4005 on 23/3/20 at 11:07am

Just was looking for the reasoning as to why the share price is buyable at these levels really.
Certainly not deramping at all; opposite actually.

It's possible any correction in US will hit FTSE and knock stock prices lower....
M

[scepticalinvestor] 02/9/2020 14:13

whoever keeps on ticking everything down is a wart and a cad

[scepticalinvestor] 02/9/2020 13:44

It slipped to 138 for a millisecond before shooting up to 148. Despite all my attempts 147 was the lowest I could get so if you did get some at 140 you must have a great broker!

[milliethedog] 02/9/2020 13:36

Am almost tempted to dip a toe back into Lgen after selling all on day before XD @ 239.6
But am looking at my buys back in March/April when the Covid hit.
Was able to buy then @ 191, 174, 168, 158 & 140.....

So, why are they so 'cheap' now at these levels?

M

[scepticalinvestor] 02/9/2020 12:15

added at 206.20 - largest holding bar BOO now

[scepticalinvestor] 02/9/2020 10:16

as always LGEN is the only insurer in the red todaywont last though - should end the day up based on trade volume

[williamcooper104] 02/9/2020 10:07

It's an expensive short Better to short Lloyd's with no divi It's a financial and will trade down in risk off moments I'm less bothered about share price - more concerned about divi - and if the divi is maintained then share price will look after itself

[its the oxman] 02/9/2020 09:51

Time to add I believe. Seems very overdone down near 200p

[financeguru] 02/9/2020 09:47

It looks to me that L&G has been targeted as a company/share to short for the fun of it because it is so very difficult to fight back. If this is the case they will sell it down to stupid levels (sub £1) the only way to fight back is if people buy at every fall.

[scepticalinvestor] 02/9/2020 08:14

interesting that this weakness followed a substantial rise, similar to what happened in JuneIt points to a strong bounce from back to at least the 230s imo

[actybod] 01/9/2020 19:20

Added on weakness again.

[williamcooper104] 01/9/2020 18:20

Sterling shouldn't impact LGEN too much Probably just macro/risk-off British Land is down same as LGEN and isn't sterling impacted We are within expected volatility so I'm not too concerned

[cordwainer] 01/9/2020 16:27

Is this 3 month low here justified by stronger sterling, impending macro news etc ?

[scepticalinvestor] 01/9/2020 15:10

no it comes from my post coital chats with your wife.

[pierre oreilly] 29/8/2020 16:09

SI, does your high intellect come from your DE grades being upgraded to DD?

[scepticalinvestor] 28/8/2020 10:59

only person of high intellect worth speaking to sonny.

[p0pper] 28/8/2020 10:09

septic, ever felt like you are talking to yourself, lol

[scepticalinvestor] 28/8/2020 09:32

almost certainly a case of city boys enabling their chums to buy in cheaper

[scepticalinvestor] 28/8/2020 09:04

bit of a tree shakehope no stops were triggered for anyone

[scepticalinvestor] 28/8/2020 08:36

all other insurers are up....

[scepticalinvestor] 28/8/2020 08:14

intriguing - buys are 5-1 and yet this is marked down

[scepticalinvestor] 25/8/2020 16:16

lolalbeit I did buy at the low (147p) in March before offloading in the 230's.