The Lloyds announcement should be positive for the stock in the long run with the resulting reduction of debt.
However,it looks at the mo that some are taking cash off the table after a good run,and why not?

Looks like the big sell off is setting in - all they need now is issue their rights issue and it'll be back down to 70p - Surprised RBS is holding above 40p to be honest, another 6 months of turmoil in this sector methinks.

Watching carefully ,,,glad i closed yesterday...

Do we know yet if it's a general share issue or a Rights Issue? Would like to sell some of my profitable holding, but if it's a R/I then the downside would be the loss of the Rights entitlement.

Lloyds need to make a statement - and clear up all this uncertainty

Maybe after all there is no R I in mind, just press comment as usual..........

MARKET REPORT

Banking shares were on offer, with Royal Bank of Scotland and Lloyds falling in response to press reports that they are closing in on a deal with the government on how to insure loans granted under the 580bn asset protection scheme. The shares fell 0.7p at 44.61p and 5.95p at 91.94p, respectively, with Lloyds the top FTSE100 loser.

i was right bang on last week..........still going lower this dog.

no need for all the abuse from others, rather childish to put it lightly

Marni - care to suggest a price where its going to stop ?

Now its dropped below 90p, it could go anywhere now over the next couple of days - I'll get back in around the 70p mark like i said last week (sold at 97p) - if they do have a rights issue if could fal abck to 50p levels. best to leave well alone at the minute

There is support at 60p, but as nordcaperen says best to leave alone for now. After selling out last week, I am looking to get back in lower down for short term trade, as always it's just a matter of timing.

marni

re - no need for all the abuse from others, rather childish to put it lightly

Are you talking about YOURSELF?

I will ask "hyleo98"?

you must have - dementia -

marni

Maybe you should it your words ..........


marni - 26 May 2009 20:29 - 139 of 565
hyleo cant pick winners......he only looks for shares that plummet and then "borrows" peoples shares........i wish i could borrow a posh house in best area

marni - 27 May 2009 11:51 - 147 of 565
same here........i make more from master than that idiot hyleo.

marni - 01 Jun 2009 21:32 - 186 of 565
they are away to find a proper job.........un fortunately we are now in a bull market and this could last at least 5 years plus.

err, unfortunately due to shorters, there aint many jobs in the country so they might be on dole for many years to come

er no i dont.

for hyleo, he just looks at graphs with sp plummets and posts no comments apart from silly sp predictions which never happen. i just point out fact on each of the threads.

on this thread hoever, you seem to be giving abuse which is a litle bit different.
i've never had a problem with u before so i'll let the matter rest as i think u r a good guy on moneyam

marni

Any share moving well ahead will have profit taking or retracement eventualy


Maybe after all you are your own enemy, or maybe just a - a barking DOG -

11-Aug-09 Lloyds Banking Group LLOY Morgan Stanley Underweight 89.92p-Old target:65.00p -New target:80.00p Reiteration
11-Aug-09 Lloyds Banking Group LLOY JP Morgan Underweight 89.92p- Old target:14.00p- New target:40.00p Reiteration

If it drops this much on a rumour, imagine what it would drop on news - like Master RSI says you do expect it to retrace - and profit taking brings it down - below a 1 its excellent value in the long term, its just everyone panic's at the slightest news and bail out. Think it'll fall further yet over next couple of weeks, but definately one to keep an eye on. Just pray they dont do a rights issue !

marni

re - shorting

Lets forget about if you want, but read your own post sometimes, and try to remember what you said on the past, ( like shorters ).

I will defend the thread or other posters, if I can see you have provoke them into it.

So take it easy and do not talk up a share cos you are a shareholder at the moment and then is rubish cos you are not any longer.

Most of us are not kids any longer, and I have been on this threads for about 10 years now and trading for decades, so I know the mentality of some posters

Anyone know if advanced financial information website is off air? I haven't been able to open their home page for a while now (today).

If you mean advfn - I think its down!

yes I do! I thought MoneyAm would trawl for the actual word and replace it with "competitor" (as ADVFN do...)

EDIT: BTW, thanks for confirming.