If Bt has bought back 2million 5 thousand shares to day. How come it shows on trades as a sell?

BT is only worth 50p at the most.

i wonder how low this will go

I've lost a lot here from 8 years ago and today Lloyds is 77% owned by GB when is this going to end..?

took my remaining profit today. have probably left a lot still on the table, but thats ok.
regards
jkd

abit daft selling cheltenham week when all the city crooks are there...screwing investors will resume monday

having sold my short its nice to see price rallying.
whats not so nice is that i am still bearish and Flat. just have to be patient now and wait for a sell signal. not sure whats hardest sitting thro a rally and watching profit diminish or waiting for the get back in signal. no pleasing some. i blame the markets, i dont usually have this dilemma, its not my fault, its the market.
regards
jkkd

Moving back to 90p.

GS have a new target of 103p.

Thats mighty big of GS, at least it's in a positive direction.

yep thats 50% up from a low of 70sh which is 50% down from a low of 140sh which is 50% down(nearly) from a high of 288sh and so it goes on, please all dyor its worth it.
regards
jkd

I think because of GS's note we may get 90p soon.

does anyone listen to GS, citigroup and all these corrupt institutions. i'd rather see them all bust and so dont see their drivvle comments with no substance.

it seems i didnt leave too much on the table after all. have reinstated a short position today.sell signal is the daily bar which i was anticipating and entered too early realy. tight stop loss.may work or may not.
regards
jkd

Good piece on BT..... http://www.tradinghelpdesk.com

PCM
you got verbal/posting diarrhoea? i shant take a look as i have no wish to be influenced.
regards
jkd

I said it was a good piece. I mean't articulate. Obviously I don't care whether or not you buy or sell. It's a FTSE 100 stock and I am not going to move it am I? I was just trying to help. Get over yourself.

Are you being paid to ramp that site PCM ?

have a rally in progress, from being in nice profit now find myself playing defensive once again, what a game.
regards
jkd

i was stopped out of my short today.tiny loss.stop too close maybe but that was the plan. it didnt work unfortunately. fortunately no harm done.
regards
jkd

From the Blue Index blog

BT Group and the Global Services Millstone
May 14th, 2009

The mauling of BT Group (BT.A) on fundamentals continues unabated after the UK fixed line telecommunications group announced further impairment charges from its disastrous Global Services division of GBP280m for Q4, along with an increase in the pension deficit to GBP2.9bn.

BT this morning reported overall Q4 losses of GBP977m against profits of GBP426m last time, although revenues rose 1% to GBP5.5bn, while EBITDA fell 14% to GBP1.35bn. However the group reported better-than-expected performances for BT Retail, where EBITDA rose 11% to GBP435m compared to consensus at GBP420m, and Openreach, where EBITDA rose 3% to GBP512m against a consensus of GBP496m.

Full transcript here
http://blog.blueindex.co.uk/2009/05/bt-group-and-the-global-services-millstone/