any one got a feelling in their water how far LLoyds will go looking to to buy but just dont know when they are low enough

I'm currently short BP, BHP,TLW,WOS on balance, recently closed ftse short

TLW looks a bit dodgy over the last couple of days or maybe you have only just shorted it.

BP at 527, tlw at 600 wos 354

even if TLW rallies to around 650p I'd thought the only way from there is down.

I'm long XTA at 711. Could have banked a small profit yesterday but it looks way behind the tech levels compared to the other miners

The pounds collapse will undermine banks shares.

I fear they will be nationalised with all the other banks except BARC of course.

Disagree. If they Nationalise one, they'll do the lot including BARC otherwise there would be an outcry amongst shareholders. Standard Charter would probably be the exception and maybe HSBC

All-time low it apears to me.
---Could this be a knock due to Barclay closures?

dealerdear, thinking about yr assertion:-
- I wonder why they'd need to spend so much money - just making NRK an "easy-touch" for loans (with Gov backing, er, that's us taxpayers) - this would have the effect of forcing a lighter-touch by the others.
/
My understanding is that Banks want to repay their Gov. Loans(=Pref.shares) so they can get on with making profits for shareholders. Until the PrefShares are repaid there will be no Dividends, so the sp will drift down. I suppose the Q is what level of sp will encourage anyone to buy, knowing there are a few years for any return...(and in the meantime the sp will drift)....
/
I hold a few from about 3- bought in June08 (how daft was that???)
Arrgh!
EDIT:15Jan09 - close to 1 now. (sell=1.03) - Yikes!

25p share price target now in view.

If this continues IMHO the UK government will nationalise all UK banks

I agree except BARC and HSBC.

I think today saw HBOS/LLOY official merger which may have a bearing on the fall along with the all the talk of nationalisation.

What can I say? - this is like my doctor breaking into my bedroom and whipping off my ---s
Will Banks be having a "closing-down sale" - if so I could do with some Brass (door-handles).
I've sold my miserable holding in LLOY and RBS...both in ISA's, where I cannot make use of the LOSS!
-now that LLOY has swallowed HBOS =injection of Scottish prudence - and the Market doesn't like it.

what happen if banks get nationalized. Do shareholders will lose everything?

yes unless govt decides to compensate p1s

Victor Blank to give interview on Sky tonight at 19:30

Lets hope he gives a good explanation of hbos liabilities, and like barc they need to bring forward the next trading statement.

Pensions funds will be completely screwed alienating most of the blue rinse/pipe and slippers brigade, not ideal for an election

Blank of course may just be .......blank

;-)

When you think about the low level of interest paid to savers, the banks most be struggling to attract new deposits. I spoke to a friend yesterday who withdrew some savings to buy a sports car he had always wanted, I wonder how how often this being replicated. I may not do that, but I would consider buying/trading shares with mine.

dealerdear

Unfortunately I think you may be right about blank, I still suspect a major difference of opinion between Blank and Eric Daniels over hbos takeover.