Lloyds Banking Share Discussion Threads

[minerve 2] 26/3/2020 10:08

"If making money with upward momentum is ok what is wrong with making money where there is downward momentum?"

Because downward momentum kills share prices and thus constrains and limits the company to raise capital when needed, that is if they can raise any capital at all. Many companies hit market turmoil or make mistakes which results in them having to come back to the market.

Why should companies go under and employees lose their jobs so that the few can benefit? As I have said before: 20 billionaires will not prop up the economy whereas 2 million better off pensioners/investors will.

And before you make any further comment: spread betters are NOT shorting! They are placing bets against others who think the other way. So shorting is NOT an opportunity available to the average Joe. You need to be extended credit lines by brokers and they will generally only do that with persons of very deep pockets.

[alphorn] 26/3/2020 10:05

cp - you will need to take great care but the rewards can be very high. As you know I have been consistently bearish GBP and still have large allocations/positions open. None are leveraged.
Start with virtual positions?

edit: risk/reward is amplified.

[cheshire pete] 26/3/2020 09:59

Thanks Alphorn, maybe time to try and get my head round forex though it will mean stepping out of my comfort zone. Perhaps mug up on it during lockdown. Will google 'Forex for Dummies' and see what comes up.

[alphorn] 26/3/2020 09:53

cp - uptick for that. Same goes btw for forex.

[cheshire pete] 26/3/2020 09:50

So where does it say investors only allowed to make money in rising markets? There are many fans of momentum investing in shares that are rising. If making money with upward momentum is ok what is wrong with making money where there is downward momentum?

Truth is there aren't many smart or brave enough to do it, and when a few manage to pull it off and spout on a BB then no surprise it winds people up.

Think there will be plenty of scope for trading LLOY in the coming days/weeks/months perhaps all the way back up to recent highs.

[toon1966] 26/3/2020 09:42

Who are you referring to when you say ‘they’?

[crossing_the_rubicon] 26/3/2020 09:28

Young are more or less immune,just the elderly get it they say.
Inspiring complacency in young people, obviously

"Briton, 21, with no apparent pre-existing health conditions dies after contracting COVID-19"

[gnik] 26/3/2020 09:19

Anyone using T20 trading if so what stockbroker.

[maxk] 26/3/2020 09:01

Good cartoon if one of the blues can post it up.

[extrovert] 26/3/2020 09:01

Shorting and lending stocks to each other is one of the USA's main money earners imo.
Don't forget that they are one of our special friends!

[pierre oreilly] 26/3/2020 09:01

Because they control things.

[pierre oreilly] 26/3/2020 08:44

069
Looks a very informed post to me.

[bbalanjones] 26/3/2020 08:42

Towards a better 'balance' from worldwide sources in regard of CoVid 19:-

[pierre oreilly] 26/3/2020 08:41

Who's called anyone any names?

I like to read either funny stuff on here, or informed stuff. I don't really care for 'this is gonna rocket' or indeed, 'this has just rocketed'. But each to their own, people can post what they like as far as I'm concerned. As long as i'm allowed to reply as I like if i feel like it.

[maxk] 26/3/2020 08:40

Chancellor to help one in three self-employed people amid pushback over more big bailouts


Rishi Sunak will announce emergency package for self-employed, with funds expected only to be available to those 'directly affected'

By
Anna Mikhailova,
DEPUTY POLITICAL EDITOR
25 March 2020 • 9:30pm


One in three self-employed workers are in line to have the Government pay their wages amid the coronavirus crisis after Rishi Sunak, the Chancellor, warned that all five million could not expect "blanket cash subsidies".

On Thursday, Mr Sunak will announce an emergency package for the self-employed, nearly a week after setting out 80 per cent wage subsidies for employees.

The Treasury has spent days deliberating how to best target the self-employed people who need help most. One option is to offer a similar subsidy to the one given to employees, but with a lower cap than £2,500 to make the bailout more affordable.

The money is expected only to be available to those self-employed people who can prove they have been directly affected, estimated at about 1.7 million out of nearly five million....

[aljm] 26/3/2020 08:35

why would anyone call someone names for making priofit ? i dont get it, thought that was the idea of this game ?

[pierre oreilly] 26/3/2020 08:33

We're all up and down 20% every week, it's hardly anything unusual these days. I doubt there are many pi investors doing well out of the measures to tackle covid. The big gainers are the massive finance firms who can both sell shares in quantity an short in quantity and, with a bit of cooperation from others of the same ilk, are probably up a few hundred billion.

[poikka] 26/3/2020 08:26

Would love to take up a few LLOY, but these are unprecedented times for me and the knock-on effect on LLOY I can't hope to assess.

Never have I seen so many companies ditching their divis. Ok, some of that might be CEOs/FDs using the virus as an excuse for taking action that they should have taken some time ago - but didn't want to be held responsible for - but even WEIR (not held) has ditched theirs, for example.

Made a few bob on the fluctuations, but staying out for a while now.