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



The chart looks like one long suicide note.

Can't blame the short sellers this time. It is good they are locked out otherwise I think they would have further destroyed SP of many banks yesterday, and today.

just got in - missed all the action it seems !! Bloody hell, what can go wrong from here !!!
Cynic - I reckon if Lloyds tried renegotiating HBOS deal, we would have a complete meltdown on banking stocks - were near enough there as it is !! Its just a case of picking WHEN to jump in - wish I could call it right for once !!

strange that HBOS has been hit much harder than LLOY who are actually the ones said to be looking for gov't money!

Maybe they have had a run on savings accounts being closed as I have done today with Birmingham Midshires.

If the short sellers weren't locked out it would be like Mad Max 3 out there !!!! The Country is on its arse - along with a few others ! Its mental, and there seems like there is nothing thats going to change it - think we better declare war on North Korea or Russia to get us out of this mess.

anyone think i am mad buying HBOS at 122p?

not at all ..... LLOY is currently 222, so even if the conversion is dropped to 0.6 = 133 for HBOS

Not in the long term - but short term flip a coin!!

Cynic - Dont say such things!!!!! My streamings gone down now - I'm off to bed !!

and you can now buy HBOS for 116.5 while LLOY is still 222!

Lost £2500 on this one since Monday - and cant see the bottom of this one. Bottom drawer job and forget about them !! that burger van seems a good option at the minute !!

Looks like she's going below the pound barrier !!! So where now ...............

Bought more HBOS at 106p...discount...ready for a bounce

same thing probably attached at the hip by now. Likely that HBOS that is making it necessary. Lloyds may have good hand to play since it was the Government that pushed HBOS towards Lloy. Chancellor meeting BOE and FSA at 5 pm.

have also bought a few more at this level ..... confess i am very puzzled by the melodramatic fall, when it is not even HBOS who are even alleged, let alone actually asking for gov't cash

only answer might be if LLOY are pulling out of the deal altogether, for LLOY is now at 234.5

Going sub 100

wait for 99p .

Cynic is pushing up the price now 102

I agree UK Gov. won't let another bank fail - it would be more than their voters will allow.

However, if LLOY does not complete the takeover, I suspect HBOS will fade away, unless the Markets/Housing recovery pretty soon.(-they won't!).

What logic there is for LLOY . . . I don't know . . . .

I think I'm correct in saying, it's the ex-Mutual Banks that have failed - in other words their Execs were in it for the ride . . . .with no concern for the future, ( so it appears).