Today they have fallen 22% to a new low of 223p ..are they another Marconi..?



The chart looks like one long suicide note.

Wow HBOS up 37% something happening.

Be back above 2.00 tomorrow with Americans vote going the right way - Even I'm leaving my money in today, with stop losses in place of course ! :-)

I think most rises are built in today ahead of any decision from the USA concerning the $700 billion. I hope for you it rises but I have a nasty feeling it has risen to much today ready for a fall Thursday

Still at a discount to Lloyds share offer so should still have a bit of steam in the old girl yet - can see there being a lot of ups and downs to come also, especially over next few months, when the banks lose their court cases on unfair charges - good job it hasn't happened over last couple of weeks or more would go to the wall. Government need to secure all deposits in all the British banks like they have in Ireland ! Go on Gordon,you know it makes sense !

Personally think Lloyds is paying well over the odds for HBOS and looks like the market does too. As a commentator said yesterday Lloyds has HBOS over a barrel. Companies with cash are Kings and those with dubious exponential debts are not.. The market seems to think that Barclay's got a very good deal cherry picking Lehman's though I would not be happy if I had been a Lehman's bond holder seeing those monstrous bonuses goingh to Lehman's staff, and that Lloyds has got a bad deal with buying HBOS at this rate. Lloyds are supposedly going to need 16 billion to take over this company and it is very risky. They will do well if this is a short recession but if it turns into a depression which looks more likely by the day then they are advised to stay well clear. Lloyds shareholders are not going to be happy about this deal even if it helps save Gordon Brown's bacon

Lloyds have a good deal that they would not have got in normal times because of competition rules. Gorden has greased the right wheels to get this through, so I think it will go through at the agreed price, if they don't GB will send the MI6 and SAS boys round to see them.

heard a rumour tonight of counter 300p bid

I thought the price was 500p. Different pub I suppose.


8-)

Heard a rumour these were 9 odd once.........

In today for some.

Thank you very much.

i would have thought that the odds of this deal completing (or just possibly via a white knight) are strongly in favour - i.e. >85% ..... certainly HBOS's sp movement indicates that, and i for one am absolutely delighted and care not if it finished well off its highs ..... not sure if i would have taken (any) profits during the day had i been around

having bought at an average of 124, current price is yummy indeed ...... often i would take a profit at this juncture, but i am either being very greedy or merely following the adage of running a profit (and even cutting a loss occasionally!)

well done to you cynic..

all thanks to you i think

have now banked profit in 1/3 at 169 with a view to potentially buying back again at say 150

These shares could be worth over 2, tomorrow!

why?

Read the news from the USA!

just because the bill has got through the senate, and will probably get through lower house at second time of asking (prob late friday), that does not mean that LLOY will not renegotiate the deal or even that HBOS shaeholders will appove it

Cynic - now your sounding as glum as Mitzy, it was obvious the deal would go through - they had no other option, and the deal with Lloyds is the same there is no other option (no white knight) its done and dusted bar the shareholders vote - who holds most of the voting rights to make it go through - THE BANKS - Do agree with above post though could be day traded up and down a bit but its hell of a gamble, but thats the game :-)

Although Looking more likely!

You would be at least brave to short it. It may wobble, but I guess after the USA pass deal, then it will jump to 200p quite quickly. I have a smallish long at the moment.