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

How much stock has Diamond bought this year ? if he is so sure it's worth 400p he should use his offshore savings money and buy shed loads. lol.

I remain unconvinced.

mitzy you may be unconvinced but the banks will win in the end they always do.

Yes they will but in around five years. Far better stocks to make money with in a lot shorter time scale.

bernie don't agree when the bounce comes it will be sudden and unexpected.

What timescale do you think it will bounce up to 400p I will go for 18 months.

I have shorted it from 328 but I do not think it will go below 1 this little bute has paid off my mortgage.

bernie well done get ready to go long.

Well done Bernard. blimey 10 a point bloody good.,.

The Euro is on the verge of total collapse and it will make the 2008 fall look like a walk in the park. Investors will take a massive fall, I prefer to be short, and day trade.

Where do you get 10 a point from baler. Most of my shorts this year were traded as CFD's in six figure numbers, not spreadbet.

Barclays Defeats Lehman $500 Million Lawsuit Over Unpaid Employee Bonuses

Barclays Plc (BARC) defeated a bid by Lehman Brothers Holdings Inc. to recover $500 million from the British bank in a dispute over the bankruptcy sale of Lehman operations in 2008.
Lehman said Barclays was required to pay $2 billion in employee bonuses as part of the acquisition and paid only $1.5 billion. U.S. Bankruptcy Judge James Peck in Manhattan ruled against Lehman in a decision filed today, calling Lehmans claims baseless.

B/M .remember this bob diamond would risk jail in the USA for telling lies .
fact

Did not worry James Murdoch

b/m that was not in the states there are 4 bankers facing long prison sentences now

Not yet but these guys tell lies in their sleep.

Did GW Bush not tell any lies.

anything that costs them money they will sue .
i have a letter in front of me .
and this is why i have adding more barc shares .
the bank is rock solid and on target for 13% return
and we can see nothing in the way to see this return
.
and yes they will jump and it will happen when least expected

b/m remember BRANCOTE .sold for 210p bought at 5p then we had the rights to buy hpd now pgd for 1.5p now 69p and bought loads and we will sell this gold fields for over 200p next year

UBS

barcs on target so after ppi pay out .
over 6b profit this year and div 7p

Cant see this getting any higher especially as short termers will be selling before the week-end.

Markets Boosted As Banks Pledge Billions


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BARC.L 158.00 +6.00

HSBA.L 521.10 +19.60

LLOY.L 35.91 +2.41

MCO 32.40 +0.75

MXG1.BE 0.00 0.00


Sky News 2011, 22:07, Thursday 15 September 2011

Markets have been boosted as five of the world's central banks said they would pump billions of dollars into the European financial system.

The Bank of England, European Central Bank, Bank of Japan (NYSE: MCO - news) , US Federal Reserve
and Swiss National Bank said they will provide additional dollar liquidity in a move designed to alleviate fears about lenders' exposure to bad debts.

Shares in Britain's banks were boosted by the announcement, with Lloyds Banking Group (LSE: LLOY.L - news) ahead 7%, and Barclays (LSE: BARC.L - news) , Royal Bank of Scotland (LSE: RBS.L - news) and HSBC (LSE: HSBA.L - news) were all up 4%.

This helped push London's FTSE 100 Index 2% higher, or 110.5 points at 5337.5.