Barclays Share Discussion Threads

[joe_public] 12/3/2009 17:08

so they bought up bad debt instead!

[rollobolo] 12/3/2009 17:07

If you put Meditor into Newsmon only today is mentioned for an RNS about them, so it isn`t a reduction in volume.

[gordo58] 12/3/2009 17:06

From BBC online Business Section

Sir Nigel Rudd, deputy chairman of Barclays Bank, attacks the UK bank 'madness' that led to the recession.

Speaking on the BBC's Working Lunch programme, he said that some banks and former building societies which had specialised in mortgage lending had over-expanded in a form of collective "madness".

"The banks in the UK... that got into trouble, either made terrible corporate decisions as RBS did, or actually were acquirers of building societies," he said.

"Those are the banks that got into trouble, because they had a huge deposit base, and they leveraged that to a ridiculous extent, and Lloyds on its own and Barclays actually didn't do that.

"We couldn't compete with these lunatics who were throwing money at the market: 125% mortgages; self-assessment; it was madness," he added.

[rollobolo] 12/3/2009 17:04

TOWEROFSONG

Yes I wondered that too,don`t recall seeing that announcement?

[gordonbrown] 12/3/2009 17:01

Sir Bedevere - 12 Mar'09 - 16:53 - 10725 of 10728

The Meditor disclosure is that their short is now less than .25% (-0.25%). Under that figure no disclosure is necessary but it is necessary to disclose any movement which crosses 0.25 of one percent. What Meditor are telling the market is that whereas they previously were shorting more than 0.25% they have closed (or partly closed) their short position.



thank you SB

[felixakulw] 12/3/2009 17:00

thank you for that clarification Sir B

rgds
felix

[towerofsong] 12/3/2009 16:57

Really? Not so sure about that. So back in the news it will tell us where Meditor had a short position greater than 0.25% ?

[rollobolo] 12/3/2009 16:54

indeed Sir

[sir bedevere] 12/3/2009 16:53

The Meditor disclosure is that their short is now less than .25% (-0.25%). Under that figure no disclosure is necessary but it is necessary to disclose any movement which crosses 0.25 of one percent. What Meditor are telling the market is that whereas they previously were shorting more than 0.25% they have closed (or partly closed) their short position.

B

[spadman] 12/3/2009 16:50

mmardi 15 years

Dont give up your day job, do alot of reading, start small the market will always be there.

[mmardi] 12/3/2009 16:46

SPADman

How long have you been doing this.

I am thinking of giving up my day job and stay at home and trade.

Do you have any tips?

[rollobolo] 12/3/2009 16:42

SPASman - 12 Mar'09 - 16:39 - 10721 of 10721(Filtered)

the only way to avoid his disease,use the filter

[spadman] 12/3/2009 16:39

Yes mmardi Iam... SPADman holdings up 400% since December 08 :))

[gordonbrown] 12/3/2009 16:39

you have to ask why didn't Meditor put a short position on six months ago, not all 'experts' get it right, and lets face it with gov owning so much banking the sector MUST head north otherwise gov will be bankrupt.

and lets not get too excited with 2p gain, after all this was 153p not that long ago.

[astol] 12/3/2009 16:36

roller coaster ride today but back at the top for another ride tomorrow-LONG!

[mmardi] 12/3/2009 16:35

SPADman

you seem to be having fun here.

[rollobolo] 12/3/2009 16:32

thank you Arai, I need a new calculator

lol

[arai] 12/3/2009 16:31

rollobolo,

£1,884,600 at the figures you state, nice days work. Similar to BLAP.

A.

[spadman] 12/3/2009 16:29

meditor probably short at around 65p getting burnt eventually they will have to close along with Paulson and everyone knows it. I love playing poker when you can see the other players hands :)))

[wd 40] 12/3/2009 16:27

Looks like the men in white coats have taken puppet blah away!

[rollobolo] 12/3/2009 16:20

I doubt that low Arai, I wouldn`t be surprised if they haven`t cashed in today, if they did sell at 75p they could have closed at 66p today, nice little earner.
Barc have 8.376 billion shares in issue 0.25% of that is- nah, too many noughts , it`s a lot of dough X 9p

[wookie77] 12/3/2009 16:19

NICE Intrday cup and handle forming!!!! BOOOM 80p coming..

[arai] 12/3/2009 16:15

What do you think there target price would be, 55p maybe ?