Alliance & Leicester Share Discussion Threads

[indomie] 14/6/2008 21:55

Ironic but the FSA move could see a small RI increase the share price of AL and other banks/housebuilders now!

[loganair] 14/6/2008 19:58

Cardigan Bay - FILTERED as he uses exactly the same word on many other threads.

[cardigan bay] 14/6/2008 19:27

...you..are...a...to55er.

[morgan reynolds] 14/6/2008 16:27

naked shorting is practised by most brokers...which is unlawful..they all should be strung up and screwed

[loganair] 14/6/2008 15:40

Scribbler - I would think they mean naked shorting and not the stock "lending" agreement...

[scribbler101] 14/6/2008 14:45

It will be interesting to see exactly how they define a short. The stock "lending" agreement in fact involves actual sale of shares to the "borrower" so someone who sells short and delivers "borrowed" shares is not in fact short - they simply have an obligation to sell shares back to the "lender" when called, at a pre-determined price. Effectively the "borrower" has a written a call and granted a put option

[zimzoot] 13/6/2008 19:27

correct..only RI...but i dont think it will make much difference....they will get round it...may also work against the share price :)

[loganair] 13/6/2008 18:55

My understanding is shorters only have to disclose when there is a RI in the picture so only for HBOS & B&B.

[frrinvest] 13/6/2008 16:53

Good finish. Bodes well for next week when shorters have to close or disclose according to FSA - by next Friday.

[zimzoot] 13/6/2008 11:52

OR £1.50 :)

[frrinvest] 13/6/2008 11:34

A lot of catching up to do ... £4.00 in a week or so IMHO.

[badtime] 13/6/2008 09:31

soz..jus plucked a figure out of thin air...u get my point :)

[poppadomonlinedotcom] 13/6/2008 08:39

12p next week or 1200p?


poppadomonline.com

[andrewlewis] 13/6/2008 08:37

Jenny

Please save me. All my money went into AL. I was just at Beachy Head a famous drop over place and there was a queue. I asked the man in front of me why he was here. He said he took Jenny's advice on AL. and lost everything,. Strangely, enough other people in the queue said the same thing. I don't feel so bad. But the police moved us on.

[badtime] 12/6/2008 22:43

12p next week

[indieman] 12/6/2008 22:20

BB,

You're probably right. Building societies were traditionally more conservative than banks and are, overall, less exposed than banks.

[homeboy35] 12/6/2008 21:02

When NR was in trouble, it was always BB, HBos and AL that were also thought to have capital issues. RI a very strong likelihood, and I am surprised it has taken so long to get to £3

[jonak] 12/6/2008 21:00

rights issue ?

[scribbler101] 12/6/2008 20:05

coz it has smarter investors? So they're selling out?

[dashwood2] 12/6/2008 19:11

Why has Alliance dropped today when all the other banks have gone up?

[crazi] 12/6/2008 17:44

Someones got a hardon for giving AL. a hard time at the moment. At these prices I'm buying as and when cash is available for the long term hold. Short term price fluctuations at this level mean nothing. Long term i.e. 2-4years there is 150% to be had plus whatever dividends...

[bigbertie] 12/6/2008 14:51

But don't building societies have an upper limit on the ratio of lending (mortgages) to deposits, 2 to 1? This would have restricted Northern Rock's growth a lot.