barclays will ge coming out with trading update on 07.05.2009 It is expected to report profits higher than market expectations.

A good Buy Medium to Long term

22 Jan Investec 260.00 Buy
22 Jan Berenberg 200.00 Hold

Barclays has been hit with a lawsuit for nearly a £1bn from Amanda Staveley, the deal-maker with a host of Middle Eastern connections, over the lender's emergency £5.8bn fund-raising in 2008. Ms Staveley's PCP Capital Partners has sued Barclays in London, according to a court listing dated earlier this week. While it gave no details of the nature of the dispute, the bank confirmed that it turned on its capital call at the height of the financial crisis,reports Caroline Binham. - Financial Times

This has had the crap kicked out of it over the last few sessions ..

At some point it's a buy .

Any particular point in mind?.........140p?

As always i will experience some pain before gain HARRY but i would be surprised if it got that low . Alternatively try and trade it ,it has moved by 5% or more recently , i think for me it could be a buy and hold for a while .

Withdraw a small fortune

Despite expectations of further cooling in the British economy, I believe banking giant Barclays' (LSE:BARC) remains a terrific growth selection.

Adding to fears of potential pressure on the firm's High Street operations, the latest updates from Santander and Royal Bank of Scotland this week again highlighted the huge financial fallout heaped on Britain's banks by the PPI mis-selling scandal of previous years.

Still, Barclays et al should take confidence from the FCA's plans to put a lid on claims not put-in before 2018. And the company's Transform streamlining package looks set to drive costs steadily lower in the coming years.

On top of this, the steady rise of the firm's Barclaycard division -- combined with the potential of its pan-African operations -- should also win over investors concerned over possible near-term pressures on its Retail Banking arm.

The City expects Barclays to follow a predicted 24% earnings rise in 2015 with a 21% advance in 2016, leaving the company dealing on an ultra-cheap P/E rating of 8.6 times. I believe the banking goliath merits serious investor attention at these prices.

I couldn't resist any longer. 1.64 for me. Not sure whether I want to be quickly in and out for 5-10% or whether to hold longer.

Nearly went for HSBA instead because of the dividend difference but 1.64 just looked too tasty to ignore

No stoppıng the rot here. If we get to 140p I mıght be brave and buy some.

1 Feb Goldman Sachs 320.00 Conviction Buy

Any snıff off bad debts creepıng back up and 320.0 wıll be even further away.

I agree Claret but i think they are oversold at the moment .

True jimmy b. They are indeed.

I also thought that of Northern Rock at £6.00

Its different now!!!!!!!

Best of British to anyone who steps in.

Wow Claret ,comparing Barclays with Northern Rock is a bit harsh .

Ask yourselves this, are you quite sure that we won't get yet another piece of bad news out of BARC in the forceable future.

Is BARC going bust ? :) ask yourself that.

I just get worrıed that the real problem ıs Debt. On all fronts. Recently ıts not front and centre. Soon wıll be when the fırst shoe drops.

I don't buy or sell by broker rec's , but .

5 Feb Jefferies... 287.00 Buy

BARC seems to have moved in line with the UK market, so my simple logic is that as there is still some downside to come (for a whole host of reasons, Brexit, oil, $ strength, China, commodities etc). BARC itself is nowhere near as profitable as it once was in the days of BarCap, so I can't see it being as attractive to investors, plus there is still the investigation into the Dubai bailout details to be concluded. I am waiting for sub 150p, but confess I may miss the boat if the market picks up. FTSE & DOW the trend is still down (not sure why some continually want to go long) so am happy to wait for the moment. AIMO.

"FTSE & DOW the trend is still down (not sure why some continually want to go long) so am happy to wait for the moment. AIMO."

I suspect going long for others on here is only for the short term Harry, it certainly is for me.

I don't s/b myself, but I often think people seem to be more comfortable going long than short. Most on the FTSE thread seem to prefer 'Long' trades.