Barclays Share Discussion Threads

[jaywood] 17/4/2009 17:42

madoff - I thought it was two weeks ago you were in China.....

[madoff with cash] 17/4/2009 17:27

my norwegian krone are doing excellently agaisnt sterling and dollar.

[madoff with cash] 17/4/2009 17:25

hillbrown, i don't know what exactly is going to happen this weekend or next weekend. but i know that it's gonna be huge thing. cd be good for bulls or bears. but more likely to be very painful for bulls.
bear in mind that, gm must file its bankcruptcy before 1st of june. stress test could expose more nasty surprises for some banks, but i don't know which ones. and also remember that obama has run out of ammunition. $700b of tarp fund has almost gone, only a few billions left.
i am aware that barc write-downs are too optismitic relative to its peers, for exmaple merrill, now part of bofa, was more agreesive than barc in trying to come out clean. jp morgan still has huge credit card loan books.
and remember barc has fought back with strings of aeemingly excellent (half spins, half facts) news, sending its share price rocketed. i doubt it has some more good news in store. it's got no cards (spins) on the table now.
technically, though i am not very good at that, it was in overbought territory, strangley volume isn't impressive. and lastly everyone is so excited about barclays share price and got involved in buying frenzy.
these are all good indicators for me to short. so i did today at 237.5. i i was a bit agressive initially. so i trimmed a bit.
bulls be careful. if i had bought it like some of you here way back in early march, i would have taken profit and a decent holiday abroad. i'm doing it anyway.
will be posting my comment from china next week.
good weekend all. don't be too greedy.

[mukibains] 17/4/2009 16:20

BCS is doing well on the DOW.

Looking for $14, would make a nice open for Monday morning

[hillbrown] 17/4/2009 16:17

""madoff with cash - 17 Apr'09 - 17:08 - 22412 of 22416
anyone close your long positions? this weekend is going to be a disaster for bulls. i trimmed my barc short positions.""

tHATS A BIT CONFUSING. If its going to be disaster for the bulls why would you trim your your short?

Have you been at the sherbet??

[psolomons] 17/4/2009 16:13

Pathetic !

[k38] 17/4/2009 16:12

you are late

[madoff with cash] 17/4/2009 16:08

anyone close your long positions? this weekend is going to be a disaster for bulls. i trimmed my barc short positions.

[k38] 17/4/2009 16:05

montyhedge - for you :) monday

montyhedge - 17 Apr'09 - 16:48 - 22401 of 22410

Off to Wembley tomorrow, come on you blues.

[volsung] 17/4/2009 15:57

233.31
Heading off at 5 for a pint. Excellent day all round!

[smurfy2001] 17/4/2009 15:55

montyhedge,

Get the prices from here, it's real time, not fifteen minute delayed like most sites,

[volsung] 17/4/2009 15:54

crosstrade

[1224saj] 17/4/2009 15:54

what does C stand for in the trading data
2m sell at 16.48 at 2.24

[alanren] 17/4/2009 15:53

HSBC is way undervalued too though. No FTSE 100 company has a PE like BARC. £4.50 will be here sooner than you and I would expect. Still not too late to go long.

[volsung] 17/4/2009 15:53

soz 232.65 :)

[hillbrown] 17/4/2009 15:52

Monty,

right. you are 15 min delayed I think looking at my 1 minute high.low tick chart.

13.67/69 at 16.51hrs
dollar 1.478.

equals £2.314

[volsung] 17/4/2009 15:52

231.12 now

[volsung] 17/4/2009 15:50

US equiv to 230.98p

[montyhedge] 17/4/2009 15:48

Off to Wembley tomorrow, come on you blues. Good weekend all, bulls and bears.

[montyhedge] 17/4/2009 15:46

alanren
Don't forget the 40% dilution add that on the price.

[montyhedge] 17/4/2009 15:45

Hill ok can't beat live price mind showing $13.43

[alanren] 17/4/2009 15:45

In comparison with HSBC the P/E ratio of Barc is far too low which means the fair price for BARc should be above £4.50. Way to go yet!