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.

Took a chance and shorted it at 89.70

THANKS " SKINNY " I READ THE BITS THAT WERE IMPORTANT

NOW 79.4

The rise caught me out today never seen anything like that before.

RNS is +ve now if the Directors start buying, SP will move to 100p. Market needs that confirmation from Director buying.
Shorters will be caught and if they close their deal, SP will move further...IMHO

METO INCRED ABULL

I think last week was one of the few weeks that the US markets were adversely affected by The UK markets ie bank shares crashing wonder if this week will see a reverse. Sterling has supposedly followed the lead of bank shares as well.

BARC very exposed to possible foreign bid.

woohoooo bought on friday and sitting pretty. Level 2 looks very bullish

think this will be over 100p first thing tomoro...still way under valued

I think the short sellers will be on this one Tuesday hope so for my sake

February 9th not far away shorters will take profits before then just in case.

Whooa!
This frenzy is on the basis of the Management telling shareholders BARC will tell us "Last-Year" they maked money - Well, what a surprise! This was never in doubt; it's the future that matters, otherwise any BARC stock bought now will slip as soon as a dividend appears...and that's not entiely certain....and could be negated by a subsequent fall.
Other than news this good - what is there?
. . . .A bank that's in hock to Arabs and with little sources of new-profits....for the next reporting season. And a Management that uis happy to look at results in the next month, with little attention to the next year, ie Jan2010.
I suspectr the Buying frenzy is shorters preparing themselves for the inevitible peak as the results appears, mid Feb.....DYOR.

where's the risistance? 128p?

hangon is it any different for BARC to have middle eastern shareholders to HSBC having chinese shareholders? International companies always have foreign shareholders, grow up.

so whts the feeling - do we get a good run on increased share price up to feb statement?

Profit taking today I fear but who knows the Board are very upbeat.

profit taking my ass...150p by friday...show me the resistance dude

Comment.

Maestro , dunno about Friday but 150p certainly looks possible.