chen is a serial shorter of banks he is trying to frighten the market ahead of the banks reporting season.

A much better day today as is trying to reach new highs ( intraday )

I followed Sandy Chen in 2007/8 and his predictions were spot on, I couldn't fault him. He seems to be now struggling to arrive at a consistant opinion with Lloyds, I remember he put out a postive statement at the time of the Hbos takeover, and now he has reverted to a bearish stance.

I think the problem chen and others like Peter Schiff have, is because they called it right and were ultra bearish, they find it hard to shift opinion now.

these so called anal....ysts have to support the position their bosses advocate,if they are seriously short then they have to support their argument with numbers they "pluck out of the sky" can anybody correctly predict the unemployment total in say 2011. Sometimes they get lucky but most of the time their predictions fall flat on their face, but nobody remembers them because they were wrong.

We have reached 75p

last chance to buy before it rockets! lets hope chen and his band of shorters are wiped out.

All I can say,is God save us from the anal....ysts.

Taking up the rights issue at 38.5p is now looking to be a good call for all those that did.

lol..........u must be joking as the poor sods that did have lost all their wealth by having the initial shares.

halifax thinks this will rocket......lol.....no chance.

if this is 6 quid in even a years time, i'll streak down the street........thats how condident i am that lloy like all banks are knackered

I hope you are going to give us all advanced warning which street corner to stand on!

Would you really want to see all that hanging out??????:((

marni

Are you out? .... YES>>>>>>>>>>>>> someone would say: get lost to the shares thread ...RBS that you said would buy on selling LLOY.

Why?
You are acting like those that once sold become negative, so not worth posting.
The shares are reaching new highs since the 61p end of RI.

Talking nonsence ... YES

re - lol..........u must be joking as the poor sods that did have lost all their wealth by having the initial shares.

I and many more bought the shares when prices where 40's to 50's

Has reached 79p today

and "marni" sold long time ago at lower prices ( wanted 10% ) but could not get it
must be a bit of "SOUR GRAPES" now by the way is talking.

i know you been putting loads of effort on this share.......and probably huge speculation......where do you see this recovering to.........

i dont have these master.

i only said the people that bought at 38p were the poor sods that had tonnes of shares in 1st place for them to be in rights issue for shares.

oh and try not to be so insulting cos someone thinks lloy is crap......and it is!!

Sp for the rights Issue was approx 95p, being the date on which you had to hold the shares to qualify (20th may). The rights were bought at 38.5p, which have now doubled in value & the sp is only 17p (approx 18%) from the 95p original price.
Even if holders bought their shares a little above that price, profitability is not far off. Also there was a free issue on the 9th may (1 share for 40 held) so they are a free ride.

what about long term holders who are majority with banks who bought at 6 over last decade and beyond......ouch

Wouldn't it be nice to see 80p around 4pm just a glimpse.......

why

I'm not greedy, a touch of 80p for today, then 85 and upwards to a pound next week. hello!!