Hsbc Share Discussion Threads

[topazfrenzy] 18/9/2020 10:07

Started to accumulate at these levels, silly cheap SP

[buywell3] 17/9/2020 22:17

The weakness of UK Bank charts as shown on the BUY thread header over the last 5 years

Is truly alarming

This in the face of a UK property market which has thus far propped up by a variety of Government initiatives for years and years

Can't go on IMO in the face of continued Covid-19 cases and economic damage

What this Government should be doing is reading buywells back posts to dertermine if there is a way whereby commerce can continue WITHOUT lockdowns

That is to say --- public areas need to be made safe ie the virus killed in the air --- this would also include planes and buses and boats and trains as well as ALL offices and Supermarkets and shops plus domestic homes.

Could there be such a way ???

buywell thinks so --- which IMO would make such the BIGGEST growth story for 2021 --- and probably for decades as it would in effect save mankind assuming Covid-19 and various coronaviruses are here to stay and we will see more of them in coming years.

That buywell believes is a given --- and Governments worth their salt should have planned accordingly over a min 12 months ago

dyor

[gateside] 17/9/2020 22:06

52 week low!Dire chart.

[watfordhornet] 17/9/2020 18:39

Of course it could. Strange comment from you.Could it go to £5 - of course it could.It could go to £1 but equally go to £10 depending upon what happens with a HK, COVID, US - China relations etc etc etc

[oakville] 17/9/2020 17:39

Could this continue to fall under £2.60?

[peddlers] 17/9/2020 10:11

If you look at the daily chart there was a clear divergence between the price and MACD histogram. I was long with a very tight stop. it didn't pan out.

[geckotheglorious] 17/9/2020 09:10

Little point buying HSBC now that the generous divi has gone imv.

[time_traveller] 17/9/2020 08:43

This'll put the ADRs below $20. Epic fail.

[bookbroker] 17/9/2020 08:22

No one on this thread has a friggin clue where it’s goin, divergence between 5p and 600p. Let it run!

[sr2day] 17/9/2020 08:18

looks like it has broken long term support.anything down is possible from here.

[peddlers] 16/9/2020 20:13

Absolutely !

I’m going to buy back in for sure.
Just need to time it a little better.

P

[triple witcher] 16/9/2020 19:47

Is sentiment changing ? We hit a new low today Are we in the bottoming out process https://www.fool.co.uk/investing/2020/09/16/3-reasons-id-buy-hsbc-shares-right-now/

[peddlers] 16/9/2020 18:47

If price rises through 130 on decent volume I will buy again. It is Certainly worth another go when it happens.

Tight stop again.

P

[peddlers] 16/9/2020 14:39

Stopped out at 314.

Cheers Guys I will watch it closely for buyback

P

[peddlers] 16/9/2020 13:08

Yes, but that was when HSBC was expensive.

It’s now fundamentally cheap.
I am not saying it won’t tank to 10p or maybe 5p but its presents an extraordinary amount of value at these levels.
I have 0.001 % of my account in HSBC so I'm quite happy to take it down to my stop loss and put it in the loser’s folders.
I might even pin it up on the wall

Closed out my Experian position a couple of days early it would appear.

[trader536] 16/9/2020 12:36

Look back thro the thread. People were calling buying opportunities at 500, 450, 400, 350.

The same rubbish will be posted at 300, 250, 200, 150 and when it falls to double figures people won’t believe their eyes at such a “bargain”;

..and when it hits zero the tears will flow.

The trend is your friend and the trend here is clear.

Too big to fail???

[peddlers] 16/9/2020 10:52

Good buying opportunity at the moment.

[imastu pidgitaswell] 16/9/2020 08:23

Yes, I would think so - not been here long, for long. A hell of an opportunity as far as I can see. Just short term it has done little but rally a bit and move lower, hence my comment; just come to expect it.

But it will change, one day...

[peddlers] 15/9/2020 18:08

I've been here a lot longer than you.

[imastu pidgitaswell] 15/9/2020 15:43

You're new here - it shows...

One day, Rodney...

:-)

[peddlers] 15/9/2020 12:05

HSBC Still ticking up nicely

[peddlers] 14/9/2020 14:44

The minute there is an inclination that the dividend is about to be reinstated the price will soar anyway. Shorters will get burned before they can get out.
HSBC is completly oversold.
The lows are getting higher.

P

[milliethedog] 14/9/2020 12:37

Thanks ped....
So, have i got this right. If a company cancells/suspends it's dividend then anyone who shorts that stock takes no risk re this payment.
Many many companies in FTSE have done this.


Am just saying shorters, just now, have things weighted in their favour.
But. Once these dividend payments restart then shorters may start to have second thoughts around XD time.

Only my thoughts

M

[peddlers] 14/9/2020 12:37

I got caught up in the banks back in 2008. I also watched them rocket.