Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. Company operates in over 60 countries and employs over 78,000 people.

            Red = 25 day moving average.           Green = 200 day moving average.

I reckon they could fall to 200p is that possible.

BLOODBATH ALL OVER THE WORLD!!! BARC touched 187 this morning. Looking for a great improvement between now and end of the month. Fingers crossed.

Britain will launch its biggest retail bank rescue on Monday when the four largest, HBOS, Royal Bank of Scotland, Lloyds TSB and Barclays, ask for a combined 35 billion pound lifeline, the Sunday Times reported.

there is a much more in the report on Reuters and it does not make comfortable reading

Barclays to TRY and raise 6.5bln, good luck to them after they have already tapped investors once this year. I think they'll need a gov bailout sooner or later so will watch for a possible short play.

Barclays may have different longterm plans having avoided the RBS/ABN/AMRO disaster. It is possible they may split the business into two .... Barclays Retail and Barclays Capital.

Looks as though barclays and hsbc are the safest bets at the moment in the banking sector,cant see a rally on the others until the clarification on hbos and lloyds deal.

BARC only good if they can actually raise their requirement without gov't help, though that will still dilute .... HSBC the safest of the lot + Standard Chartered, though I have not looked at that

Looks as if Barclays is going to get some Qatar funds.
http://uk.reuters.com/article/UK_COMKTNEWS_MORE/idUKLF61412920081015

scotinvestor - 01 Jul 2008 14:20 - 223 of 301
will be nearer 2 quid......another crap share that ***** just bought and is falling lots

How very true Scotty!

another rout I would not be surprised if they fall to 70p.

It appears that the Arabs are taking a large stake in BARC. Doesn't look appealing.

hlyeo98 pretty racist remark isn't their money any good?

They have kept our Horse Racing industry going for yearsand Channel 4 Racing that I applaud!Mitzy I agree with your SP.

Hahaaha, thinking Barclays becoming a muslim bank, imagine that, hyleo.

Hi tabasco I may be over pessimistic with 70p its going to fall to 120p I 'm sure.

Just a few weeks ago, BARC said it need not raise any funds, the directors are just misleading the public creating a false sense of confidence, now it's 170p, I'm sure they have dumped their shares via their family names before announcing now that they needed funds from the middle east.

I all bank are down not only because they need fund but also because lot of it short sales

In freefall now ..thechart is not good.

I was unlucky on this one I bought in at 1.6860p per share, decided to go shopping and left a stop loss and got closed out at the lowest price of the day. My stop loss was 1.60 for the day. Do you think they will be back down again on monday they are currently trading at 1.78 per share. its a sickner. good luck all holding this.

I suspect it will not be a good L-T purchase, so you may be better "out" than you realise. Today, News is they've taken a big chunk of Saudi-Eastern money which has the Co tied up in knots. However, Directors are free to reward themselves for performance to date...I suspect the new owners (in effect) will tighten their grip and these Dirs will be "out" soon after the ink is dry and business explained to Saudi-Dirs. Maybe a Shira future,,,who knows?
BARC should have taken the UK-Government money - or better still, not been so darn silly for the last four ( or ten, anyone?) years.
"Reward for failure" lives on.....for now.... All IMHO . . . .DYOR.

EDIT Halifax, I hear what you say, but I don't think the Arabs need to be that generous.