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.

In auction - sub 1?

I reckon 80p today at some time.

Shorters are at play for the drop on Friday...

Are we brave enough to try and catch this falling knife? EK shorted BARC at 114p!

Looks like the 80p prediction was spot on

Thanks chessplayer add that to Fridays fall and its down 45%.

Do we think the directors of BARC would risk imprisonment for misleading their shareholders and the markets by issuing false information about their trading position?

Hope this bounces back up tomorrow, and burns the shorters.
I cant see the Mid East investors sitting by and letting them kill this sp. Statements from barclays on financials are good. They are not in hoc to Government so no legite reason for fall that i can see.

Ask Rudd.

Nigel Rudd will not leave the board of BARC till April 2009 so he will be a director when results are announced next month,keep shorting mitzy.

I'm starting to think RBS could go to 1p this week even and all other banks to follow.

I guess BARC will be 47p Tuesday.

At the rate things are going with the banks,we'll all be stuffing our money under the mattress before much longer.That is, if there is any left to stuff!!

Its another down day for the Banks.

I would keep out of the banking sector. Soon this will be worth nothing like RBS.

I agree hjs RBS is doomed and will be worthless soon.

Agree with RBS - not IF, rather "when"

However, with Barclays, do things look better-ish, even although Markets are rarely "wrong" - could the fall be "in sympathy" - or is this Market Update not yet fully accounted? . . . they did borrow Middle-East money at a high interest-rate.
If BARC can tell us:- "it will be OK" -why can't they give us the figures? I guess it has to go through the Auditors and then printing etc. etc.

At sub-1, is BARC the bargain many thought LLOYs was a couple of years ago....?
-If so, why the further fall today. . . . . . the Market doesn't believe anything Banks tell us.

When does the dramatic fall in bank shares constitute a disorderly market and the LSE step in?

Well its fallen 25% a day for 3 days now its time somebody did something because another 25% will be final.

Halifax, can you explain "disorderly market"
-in particular how it might relate to the Banking-Sector, since other sectors appear OK.
Mitzy, what do you mean by final...a sp can halve again... and again....

I still think BANKS are down as shareholders realise there can be no dividend for the forseeable future - maybe 1p just before 2012....?

hangon if you don't know what a disorderly market is please go back to school.