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



The chart looks like one long suicide note.

On the way back down to 1

Some smaller buiding societies are going bust as well which is why there is consolidation in the sector. Looks as though nobody escapes.

Glad I couldn't get back in !!! I reckon there driving the price down so they can make a stupid offer like the one above, 'where will it all end " not bothered made my money. But what a few days and a few more to come i should think !

so why have all the major banks other than hsbc gone in reverse and hit the 10% down trigger therefore suspended

Did u buy in, cynic?

what an extraordinary day ...... sp in backwardation yet again or perhaps suspension for last 10/15 mins of trading and now showing as a close of 142.9

stroreysj - I've traded on and off for years and never seen anything as mental, ever !! Even after 9/11 it wasn't like this. Looks like them floorboards are coming up again, but which currency shall we hide ???

im fast becoming immune to this whole thing. So what if it swings 300 points against you it is usually going to come back at least twice during the day. Hold your nerve and your usually smiling at the end of the day. Bottle it when the screen turns blood red and you will be chasing losses all day. IMO

100p tops in my opinion.

Im in at 138 wont sleep tonight Will just dream about my new car if goes up to 180 Wednesday. My Thai wife will kill me if I lose her savings. ( Well she did say please invest my money)

Clubman - it is Wednesday!

lol...

Thank's I meant to say Thursday. See what all this has done to me I don't even know what day it is. At least now I can now go to the toilet. That bucket under my desk was stinking.

clubman may at least be able to buy a new tie (groan, groan!)

much longer article now on cnnfn.com ..... "Big UK lenders talk merger"

HBOS valued at 15bn. Therefore 2.80 per share according to BBC Ceefax news.

Been out all day, but got text from IG saying HBOS low at 88p, wow what a rollercoaster and have to admit i dont think its fair that these hedge funds can bring down huge institutions/societies

evening news independant online says lloyds will not pay more than 2.00 per share, have a look now. This is the latest news.

i would certainly be very happy with 280 .... even 200 would give me a very modest profit

i certainly think the deal will go through, but though Lloyds appear to have the stronger hand, they will also be well aware that this is a once in a lifetime opportunity to evade the monopolies commission

hsbc have said they would not want to pay anything for hbos is they took them on.

On the 6 o'clock news Robert Peston said there we be a announcement tomorrow about share price he thinks it will be around 2.80 mark.
There was a shares issue not that long ago @2.75 so i don't think it will be to far off that.
Still i cannot understand,normally when a company is in takeover talks the share price goes up.Lets hope tomorrow brings us all a bit of LUCK.

Unluckyboy.