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Pokermonster
30 Nov 09 10:41
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Date Joined: 14 Sep 04
| Topic/replies: 12,992 | Blogger: Pokermonster's blog
Sorry for posing a question that has been asked many times, but where do you see these shares in a year or two?

RBS currently at 32p

Lloyds currently at 54p

Thank you for your time.
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Report The Snake November 30, 2009 10:57 AM GMT
If you can sit on theses shares for 3 or 4 years you will see a great return
Report jimmy69 November 30, 2009 10:59 AM GMT
No idea PM but I thought you had disposed of all yours when the "crisis" developed. Or are you thinking of buying?
Report Splicer Keats November 30, 2009 11:00 AM GMT
As we have only had the first dip of a double dip recession, avoid them like the plague.
Report BigglesFlysUndun November 30, 2009 11:00 AM GMT
RBS has signed the final agreement to enter the goverment's asset protection scheme for £240bn of toxic assets

Lloyds better bet [imo] rights issue to raise 13.5bn....new shares for investors at 37p. Reason for the large share price fall on Friday 59p from 89p.....55p today worries over Dubai uk banks 50% exposure
Report Hoss November 30, 2009 11:06 AM GMT
Bigfliesdownunder seems to know best ;)
Report Pokermonster November 30, 2009 11:22 AM GMT
Good afternoon Jim. :)

I did indeed sell all my banks shares (at a small loss) during one crazy day of trading.

I bought RBS at 300p and watched with dismay as they fell to 160p over the next couple of months. At this point I decided to jump back in with double my original investment and, lo and behold, they immediately plummeted to 80p (that very day such is my wonderful timing) amid talk the bank could possibly be nationalised.

That afternoon, one minute before the closing bell, some organisation with obvious insider knowledge purchased a massive tranche of RBS shares. The following morning, after a sleepless night, it opened at 200p and I sold.

Fool that I am, I'm now considering going back in. :)
Report wit-ham November 30, 2009 12:18 PM GMT
Pokermonster

you sound nearly as clever as me
bought some dragon oil shares at 16p(£2,500) after watching them for a few years drift between 11p-27p up/down/up/down
anyway they went to 28p then started to drift down again so sold at 24p when went down first thing one morning

low and behold that was the last downward step they took and have traded as high as £5.something FFS.
Report History Maker November 30, 2009 12:42 PM GMT
Dragon Oil's price was massively over-inflated by the expectation that Dubai World would buy up the remaining shares. Now they'll probably have to sell them. You might well have got out too early, but anyone who's still there could be in trouble.
Report KT November 30, 2009 4:15 PM GMT
lloyds good bet
rbs dont go near
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