Lloyds Banking Share Discussion Threads

[mikemichael2] 03/4/2020 13:16

Most deaths are from people who will have got infected pre lockdown, another week should see some results.

[bargainbob] 03/4/2020 13:14

K38 , went back in today at 28.15 p .

Had a 27p target myself .

You were saying 28p floor , now after i bought you raise 21p ffs.

The good news still can buy more if needed.

[alangriffbang] 03/4/2020 13:14

Thank you Minerva ,I am 81 years old ,I am very happy to take your advice and I actually believe it’s correct ,good luck

[bargainbob] 03/4/2020 13:12

Minerve some of the best posts today i have seen on this thread.
Keep it up .

[k38] 03/4/2020 13:10

The bad news first..Deaths are increasing.The good news..Infected decreases. Next week very important.

[alangriffbang] 03/4/2020 12:17

Minerva 2 what is your opinion of Taylor Wimpey ,it’s my last ISA and the share price has halved ,the only share I feel I could transfer it into is bango which is flying ,TW is an awful negative posting site it’s not worth looking at ,mind you my Lloyd’s shares have halved ( don’t ask me for a tip ) ha ha ha

[minerve 2] 03/4/2020 12:09

Well, I still own my house builders if it is any comfort to the Lloyds holders.

I don't see the point in selling. Society has to come back and continue at some point, I think that will start within about 3 weeks. If you have had chance to travel far - I had yesterday on a care run - you will notice that the roads are busier than you think.

[alphorn] 03/4/2020 12:09

Not for the first time. A good buy - goodbye to your money.

[m5] 03/4/2020 12:06

Talking of shorts, AML, now a penny share. What a bloody fall from grace.

[k38] 03/4/2020 12:00

28p.. last resistance with 21p next low support.

[alphorn] 03/4/2020 12:00

M2 - I was about to answer my own post!
"Society isn't generally aware of these things" could have been my opening phrase too. Complexity is no excuse for the government not to take some action. The reason is that the people involved are the real power; some very close to home.

[extrovert] 03/4/2020 11:45

The fact that shorters can open a position and close it at the end of the day and open a fresh one the same day, they can carry that on for however long they want to stay short. They don't have to inform the regulators because their positions are less than 24hrs. That is my understanding so it is very easy to naked short for the wealthy.
US investment banks run the show so they just do as they please. imo

[pierre oreilly] 03/4/2020 11:40

Diku, until he starts posting his usual stuff again.

[minerve 2] 03/4/2020 11:36

adyfc 3 Apr '20 - 11:23 - 299126 of 299128

"Shorters create a healthy market and will cause a quicker snapback when they close. Just cause your on the wrong side of the trade you don't like it.Suck it up."

Just a couple of quick points:

(1) You are not shorting, you are spread-betting or using CFDS. That is not shorting.
(2) You are not wealthy enough to short.
(3) Give me evidence that it creates a healthy market - drastic falls and drastic short squeezes are evidence of illiquidity which to most investors would indicate an unhealthy market.
(4) All because I'm not short doesn't put me on the "wrong side of the trade".
(5) Shorting channels wealth into the few that doesn't get back into society in any great degree and doesn't benefit anyone of us - unless you are a super-yacht manufacturer. When the money comes back into society it is generally less productive which drags GDP. It sits in rentier classes.
(6) All because you are a spread-betting monkey - who makes enough for your monthly Sky subscription, shell suit purchase and takeaway curry by Deliveroo - doesn't make you knowledgeable on these things. ;)

[alphorn] 03/4/2020 11:36

The reaction to shorting as an activity is in itself quite emotional. It always is; it is more easily understood.
Why is there never any reaction to #131 above or the UK system of separate taxation? Look deeper at wealthy couples where one is 'offshore' and the spouse not.
The reason that there is no reaction is that this is not easily understood. Probably much more money involved - but can't understand the concept so it is ok? ;))

[diku] 03/4/2020 11:35

Nice to see Virus talk brings people together in harmony...but for how long?...

[pierre oreilly] 03/4/2020 11:30

Minny, contrary to what most think I suspect, I am always ready and willing to change my pov should situations change or evidence makes me realise my views are tat. Congrats on changing your opinion, or at east considering changing it, it is a good quality to have, which most don't.