Hsbc Share Discussion Threads

[peddlers] 14/9/2020 12:30

yes you need to pay the Dividend

[peddlers] 14/9/2020 12:29

Trader - I have 4 shorts running at the moment. All looking good.
You may be right HSBC may tank to 20 p or even 1p.
But if your still short you should think about covering soon.

P

[milliethedog] 14/9/2020 12:25

Not sure about <200 t536, or anywhere near.
Just a question re shorting, you may be able to answer.

If you short a stock and it goes XD while your short is on, do you have to pay the divi from your account in some way?
Basically the opposite to owning the stock i guess, where a divi is paid to you.

Often wondered that....
M

[trader536] 14/9/2020 11:19

My short looking nice, the trend is your friend.

Below 200p next year and perhaps then down to the 100’s or lower as global economies collapse and unemployment skyrockets

Some may remember how hard the banks got hit in the 2008 crisis, the coming crisis will dwarf the 2008 bank crash

[milliethedog] 11/9/2020 19:37

Just looking back at my Contract Notes for HSBC since i first bought back in March
Only 2 trades. A tad above 7% return on my capital; a long way from my best performing trades tho..

Am long now via my purchase the other week @ 319.7 (2k)
Will average down again if share price drifts into the 300/310 range....

Sold some of my BT this week @ 110; just shy of 10% return there. Kept the bulk but they went up 7% in 2/3 days, so wanted to lock in some profit...
Finally, bought a few Lloy today @ 25.94 (3k)...looking for a possible bounce here. They were 27.30 Tues, so are off 7% from there.

Good weekend all

M

[time_traveller] 11/9/2020 17:00

It has outperformed the sector (and STAN) for a few days now (not that that's much of a consolation - banks really do suck).

[peddlers] 11/9/2020 16:53

IMO The bears are running out of steam on this one.
The lows are getting higher every day.
No one on the city is shorting this stock any more.

Its completely oversold.

P

[imastu pidgitaswell] 11/9/2020 16:37

He's (she's?) only reporting an article, not deramping. It's more the conclusion of the article that I take issue with - the -44% is a reason to be buying, imho. But sticking with what I have for now - it's not coming back any time soon.

[peddlers] 11/9/2020 16:31

Hey guys,

Your attempt to deramp a stock as liquid as HSBC on a buleting board is embarrassing.

Your post will have no bearing whatsoever on the price of this stock.

P

[imastu pidgitaswell] 11/9/2020 15:37

"you have absolutely no reason to buy this stock. HSBC’s year-to-date price return is an ugly -44%."


Erm... buy low, sell high anyone?

[milliethedog] 11/9/2020 15:28

hxxps://stocknews.com/news/hsbc-wdc-kalu-dnow-ds-avoid-these-downgraded-stocks/

"HSBC, a bank plagued by money laundering scandals, recently terminated thousands of employees. This financial services provider is struggling amidst the economic trough. Though interest rates are low, banks such as HSBC are hesitant to lend money to consumers unless they have the proper qualifications. The prospect of a seemingly inevitable spike in loan defaults makes HSBC that much less attractive as an investment.

The POWR Ratings reveal HSBC has “F” grades in its Trade Grade and Buy & Hold Grade POWR components. HSBC also has a “D” Peer Grade. Furthermore, HSBC is ranked in the bottom 25% of publicly-traded companies in the Foreign Banks sector. HSBC has a forward P/E ratio of 15.16, which is somewhat high for a struggling bank with limited growth prospects.

Add in the fact that HSBC’s price returns are primarily in the red, and you have absolutely no reason to buy this stock. HSBC’s year-to-date price return is an ugly -44%."

[triple witcher] 11/9/2020 15:10

Agree, the Robin Hood traders in the US who trade on margins and have never seen a market fall many being new to the market since March. Any move down will be accelerated via some of these inexperienced traders

[peddlers] 11/9/2020 13:49

I was short on Amazon which went nicely.
I suspect buyers will take US stocks back up to recent highs over the course of the next month. If that happens quickly then I reckon it will sink like a stone.
I get the feeling there is a lot of new blood around; especially in the USA. People sitting at home, board, throwing money into the markets. Enjoying the ride upwards, not really realising the market falls twice as fast. I expect many may get burned in the coming weeks. September is never a strong month is it.

[triple witcher] 11/9/2020 12:00

Re my post 9223 of 8 days ago, looks like that last bear capitulated, and we have seen a meaningful pull back in the US. Tech stocks are now in correction territory as profits are banked from their unsustainable rallies after the March lows. Hope you took some money off the table. IMHO this recent fall will be short lived re the Nasdaq and within the next week it will start to rise again as traders see this as a cheaper re entry point

[triple witcher] 11/9/2020 11:53

Yes, particularly on Monday when the us was closed for Labor Day. We saw a nice rise. Some of the recent rise from the 5800 lows late last week to now is due to the ongoing weakness of Sterling because of Brexit fears and of course a large constituent of the FTSE is international

[joy division still] 11/9/2020 10:34

Yes spud, but which side of the pond is right? I'm edging that uk markets are more balancing terms of value.... but what the hell do I know, I wouldn't pay usd200 for a Tesla share they then went to 2,000 pre split

[spud] 11/9/2020 10:00

Anyone else noticing the subtle decoupling of the UK Market from the US? spud

[peddlers] 10/9/2020 22:44

Yip, still Bulish. This particular trade has been in profit from day one. I'm not saying it will stay there but so far so good.

Covered Amazon short

P

[action] 10/9/2020 10:26

According to cnbc contributer today banks will be hard hit with covid19 loan provisions in 2021. We are still not out of the wood. One silver lining is inflatio is expected to rise 5 to 10 % in future .

[imastu pidgitaswell] 10/9/2020 08:54

Nope - after yesterday's Day of the Dogs (FTSE 100 megacaps such as BP, VOD, HSBC doing better while the techhies struggled) it's business as usual. Same with BP.

Not today Josephine, it seems...

[peddlers] 09/9/2020 17:44

HSBC ticking up quite nicely.
Bullish divergence on the recent low is playing out.

P

[peddlers] 07/9/2020 17:57

Cheers Gaffer !