Barclays Share Discussion Threads

[smurfy2001] 13/7/2011 23:22

Concur with Sir Rational, go check TW. guys, a lovely trade share as well but only in chunks of 50K shares.

Fxdealer3, we'll see but i'm not leveraged here so no sweat for me if these go further down. For the record, l already hold these from much lower down and have recently started adding these to an ISA. All posted here and have been posting here for years. If Diamond say he will improve the ROE to near double then l believe him. The EURO storm is temporary.

Read this article,

EURO Set to Soar Over Next 5 Years, Reason 10 year Debt Schedule of Europe

If EU can implement a debt schedule where each of the countries stick to the respective debt limits and learn from their previous mistakes, we do believe that the EU will be a powerful financial union irrespective of whether a political union exists or not. It is for the world to see that EU has till now restructured nearly 80 bn of last years 380 bn of debt maturing without any default. Yes they fought and arm twisted but ultimately they fell in line.

[sir rational] 13/7/2011 21:24

TW. good upside get in quick see RNS

[fxdealer3] 13/7/2011 20:31

I have made alot short ,long and short on barc ...i do not like watching paper gains disappear like most investors /passive ...I bank my profits at certain price targets

Max barc is worth is £3 imo even in aggressive takeover and massive improvement in profitability over next 2 years .

I am short from £3 and £3.2 ...now we have contagion which could destroy european banks ...

I have a figure that i will close my short based on debt developments and I am very confident it will be reached .

Enough said

FX

[sir rational] 13/7/2011 20:21

Guys big opportunity here, TW. completed deal today worth +13% to mkt cap (see thread & RNS) but if you buy @ 1 second past 8am (very liquid stock or DMA) you'll get in for nearly all of that 13%.

[isis] 13/7/2011 20:15

He has 7% - that's £2.5billion

[fxdealer3] 13/7/2011 20:12

Alot of people have spent £00m `s on shares but have got alot less back back .. check u pension fund /institions over last 10 years performance .....time will tell who is right ...greece is gone at this stage ..debt 172% of gdp ...running massive deficits ....like throwing money away for free ....

[isis] 13/7/2011 20:04

If someone spends £300m on shares and someone spends £3k on a spreadbet who do you listen to?

[fxdealer3] 13/7/2011 20:00

Could be a bad week for you smurfy

[fxdealer3] 13/7/2011 19:59

germans are not rushing to help greece at minute ..greece is a gonner

[smurfy2001] 13/7/2011 19:53

That's like saying the US won't raise their debt ceiling and will therefore default. Not going to happen....

[fxdealer3] 13/7/2011 19:49

ride the market down 2007 -2009 ...back long march 2009 free money qe till Sept 2010 ......

Back short again March 2011 ....eu are never going to handle multible sovereign insolvencies ..they might delay problem but ultimately fail imo ...


Thats my bet ...so far so good .

[fxdealer3] 13/7/2011 19:43

very happy short actually .....eu look to be letting greece go

[isis] 13/7/2011 19:42

Arab bought 1% of BARC - would make me nervous.

£300m is still a lot of money.

[fxdealer3] 13/7/2011 19:41

Naah make too much money trading .....doom is realism and very profitable

[smurfy2001] 13/7/2011 19:40

Fxdealer, You sound nervous, one should not short so low... Be careful.

[fxdealer3] 13/7/2011 19:36

Fitch and pimco say it all right ..it must be ....buy buy buy $2trillion debt is not a issue ....€40b cuts was red herring ..

meanwhile ..

Officials and markets alike worry that Greece's debt problems are threatening to spark a sovereign debt fire sale throughout the rest of Europe at a time when there are serious questions about the ability of European banks to handle such costs.

[smurfy2001] 13/7/2011 19:24

Fxdealer, you dont work for the tabloids do yer? Doom and doom where you're from - yawn.

[wibbler007] 13/7/2011 19:20

Fitch disagree with you aswell as Pimco fxdealer.



Cheap as chips at this price

[fxdealer3] 13/7/2011 19:06

italy is running deficits at minute and massive 120% gdp debt levels 2 tillion plus debt ...uk debt 85% of gdp £1.2trillion and rising ...

€40b austerity cuts in Italy are going to turn it around this weekend .

great news !

[smurfy2001] 13/7/2011 19:00

Of course there's no issue in Italy, the GDP is more than ample to cover the debt every year.

Scaremongering as per usual.

Also, over the weekend, the austerity program will have been signed off ;-)

[fxdealer3] 13/7/2011 18:54

politians bickering re austerity measures caused sell off in italy ...there will more dramatic events re debt crisis

[fxdealer3] 13/7/2011 18:42

Aviva is up a whopping 10% since i cautioned if Euro broke up the affects on the shareprice .Aviva has shored up its depserately needed capital but huge risks to downside still remain on debt contagion like banks .

If your investment is roulette wheels if EU will save your investment plummeting then ignore me .

EU are buying time like all politicans .

I am short and there will be volatility both ways ...but if you think greeks , irish , portugese , spainish and italians are going to pay back huge debts accumulated with massive sacrifices to their living standards for 30 years then i deserve to lose on my shorts on sectors hugely exposed .

[smurfy2001] 13/7/2011 18:07

Fxdealer3,
Why would l bother wasting my time reading your Walter Mitty posts. Remember you disappeared from the Aviva thread after your disastrous call.

Nuff said :-)