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.

is a crap bank anyway, it was an easy short from last year

this is THE one that could be nationalised soon

Don't you feel that with many of the retail banks coming out with good results over the past month or two,that sentiment is beginning to change ?
Certainly recent price increases are suggesting just that.

Mark to market rules being over ruled (originally instigated post Enron) will allow banks to be very optimistic about the value of underlying assets. The results may have no bearing on reality

But ,then again they might.

Good movement up today, with more sells than buys it still goes up. profit today, we can eat again.....

alot of short covering going on --be careful--market makers are not fools!!--this share will be coming off again sooner rather than later!--i am keeping my powder dry for a bad day before buying any more!

Thanks for that BF, will be taking profit before close.

Made a nice profit on this one today more than enough to pay for our entitlement of LLOY new at 43p.

Took the profit from barc and lloy, better than working!! Halifax, is the entitlement instead of div?

bb proceeds of entitlement to LLOY new shares is to repay pref shares issued to government, instant profit at todays sp.

Think it might be better than that....The new ordinary shares will be issued at a price of 38.4 pence per share. Can't be bad..:)))

Obviously,the avoidance of having to be in the government debt programme has been the key issue in the price rise.-off to another good start today.

WHAT about the taxman??could be a BIG PRODLEM later on down this road/

Great performance (not in), but can't help feeling that some profit taking will be coming with this one !.

Yes,it does look as though the party is over at the mo.
One key question in all of this banking turmoil is ,how do you value a state controlled bank against a private one?

Barclays has been downgraded to sell from hold at SG Securities, target price cut from 100p to 46p.

I also saw that, but I can't find any others to agree with them. Also I can't find many short selling disclosures to support their stance & the few I have found are only small.
Tuesday should be interesting.

Surprised there hasn't been more discussion on this:
http://www.investegate.co.uk/Article.aspx?id=200903311609538474P

BARCLAYS PLC
31 March 2009

Response to press comment

Barclays notes recent press comment regarding a possible sale of iShares. As announced on 16 March, Barclays has held discussions with a number of potentially interested parties.

We now have a preferred bidder, CVC Capital Partners. If these negotiations reach a satisfactory conclusion, it would lead to a sale of Barclays iShares business without the attributable securities lending business. Earlier speculation assumed the sale of both iShares and securities lending.

A further announcement will be made in due course.

Given Barclay's strong stance in support of there financial position, a downgrade in share price of some 2/3's is hard to fathom. What value, I wonder do they place on the other banks,whose financial status is much more fragile?

I think these brokers must have lost so much selling at low price, they want to buy them back at lower price they are recommending