Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

LGEN, RSA, sell the news. 5% of the country forecast to be under water by end of week (LGEN)     

tobyboy - 26 Jun 2007 11:49

if you 'buy the rumor and sell the news, is all this rain a rumor?
these two shares are stuck between interims maybe worth a quick .10p short?

more rain forecast, or don't they pay out claims anymore?

mitzy - 18 Feb 2009 16:27 - 32 of 204

Its no good trying its determined to fall sub 40p despite peoples thoughts.

mitzy - 19 Feb 2009 09:36 - 33 of 204

Still it continues.

mitzy - 19 Feb 2009 11:17 - 34 of 204

Its a sad day when LGEN goes bankrupt...my target is 16p.

2517GEORGE - 19 Feb 2009 11:28 - 35 of 204

That's a contradiction in itself mitzy.
2517

mitzy - 19 Feb 2009 11:33 - 36 of 204

I thought the same George but at 16p they would be technically bankrupt.

maggiebt4 - 19 Feb 2009 11:34 - 37 of 204

What do you base that on Mitzy?

maggiebt4 - 19 Feb 2009 11:35 - 38 of 204

That's the 16p not the bankrupt

blackdown - 19 Feb 2009 12:05 - 39 of 204

Massive shorting going on.

mitzy - 19 Feb 2009 12:07 - 40 of 204

Say suppose the market falls another 60% in the year the share price would be 16p.

maggiebt4 - 19 Feb 2009 12:11 - 41 of 204

Thanks M So you don't think it's happening tomorrow?

skinny - 19 Feb 2009 12:21 - 42 of 204

Depends on your definition of market.

Chart.aspx?Provider=EODIntra&Code=UKX&Si

2517GEORGE - 19 Feb 2009 12:24 - 43 of 204

As I see it the problem for insurers stem from when they were forced (by the gov.) to sell equities and invest more in gilts and corporate bonds, some of the bonds are now in danger of not being paid.
2517

mitzy - 19 Feb 2009 15:15 - 44 of 204

Chart.aspx?Provider=EODIntra&Code=LGEN&S

Been a sell since early February when it was trading at 60p is it worth buying at 36p I am not convinced yet.

mitzy - 20 Feb 2009 14:36 - 45 of 204

FTSE down 130 points when will it ever end..?

2517GEORGE - 20 Feb 2009 14:43 - 46 of 204

Who knows ? This may be the approach to the final sell off, but then again----
2517

mitzy - 20 Feb 2009 18:17 - 47 of 204

Sub 35p who would have believed a week ago ..?

blackdown - 20 Feb 2009 18:19 - 48 of 204

Could L&G become a bid target at these levels?

mitzy - 21 Feb 2009 19:18 - 49 of 204

When it falls to 16p it could well become a target.

mitzy - 22 Feb 2009 21:25 - 50 of 204

I have a loverly view of Africa from my outside.

mitzy - 23 Feb 2009 08:52 - 51 of 204

Up 10%.
Register now or login to post to this thread.