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

Well it might go up....or it could go down - but then again..........

I can see 10 today on a bear squeeze,bit like vw and Porsche!

More likely to be 10p at the mo, think we were all hoping for a bounce today.

Well not a bad performance considering ot fell to a new low today.

For what it's worth I am convinced that Lloyds will be a good long term investment for those dipping their toes in at these low prices. Also IMHO I do not see the government stake going any further and in time rewards will come to those with patience. I just hope these sentiments don't come back and bite me on the bottom.

For those who lost big time because of their negligence and recent purchase I am sorry I see gain in your lossess

A good performance today considering.

Deanphillips, many hope you're right, but there is no logic as to "when" - and - the current Gov has a hate of "shareholders" ( Witness, NRK!!!).
No-one wants a Mortgage, second Mortgage, yacht etc ( or a fast Motor ) - there are better things to do with any cash you still have. ( and prices are still likley to fall as performance improves!) . . . . so where is LLOY?
er, I sold mine at 50p - huge loss, but I feared they would disapear like NRK - and it's not so far to go . . . . . given another dormant Black hole. . . .
Good Luck....what timescale is yr best bet?

hangon a bit pessimistic perhaps ... the terms were hard, but survivable by the very competent Lloyds team who should be congratulated on the fight they put up to better the terms. My forecast 100p+ plus first div 5 - 7%

tipton

hangon, I believe you have to be looking at a 2yr period before any stability returns to the financial stocks. Then and only then do I believe that a significant return will be seen. How much that will be I would not like to guess.
Lloyds have a good business model compared to most that was destroyed by the unbelievable purchase. I honestly believe they will get through this and be stronger for it with a massive share of the market. However that's only my opinion.

i think somebody is shorting Lloyds again

goes up all the way on one day, comes down again on the next day. doesn't make much sense apart from shortselling, especially when RBS & Barclays are going up. HSBC has a reason to go down as they have heavily underpriced new shares.

The problem is that the mm's and so called professionals have as much idea to the value as us, we are into the unknown now. For what it is worth I believe the board of lloy have overstated / been ultra cautious re writedowns and will now make large cost savings going forward.

http://www.bloomberg.com/apps/news?pid=20601102&sid=aqbWhdY5lwV0&refer=uk
Nice work if you can get it

He who holds all the gold makes all the rules goes the old addage. MM's hold all the gold and they seem to do whatever they want despite volume or any other factor you wish to add in. Just look at the volumes and if you can make it out you are a better person than me!

dp
didnt you forget or omit something in your sort of old addage of an old quote? i.e Gunga Din?
or am i being too un political in my observation? oh well. maybe you are too young?
maybe not. no offence intended to anyone, it simply is as is, an observation of an old addage.
regards
jkd

Sorry to be pedantic, but all adages are old.

whats going on with lloy?

UBS yesterday had a Reiteration of there buy with 100p price target, could be others to follow. Would expect a good take up of the RI, maybe some large institutions have indicated a full take up. I don't know but thats what I would expect.

Look Chap, These babies are almost worthless. They are a sort of fools gold. They have blown everything buying HBOS. Talk to anyone in the banking business and they will tell you.
The market makers will create more up days to lure in the punters but the SP should really be 10p or less .... almost worthless. 1 you must be kidding....

And another thing how many "institutions" and pension funds hold Lloyds? Hardly any... no fund manager in his right mind would hold these.