Chit Chat
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30 Nov 09
10:41
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Date Joined:
14 Sep 04
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.
RBS currently at 32p
Lloyds currently at 54p
Thank you for your time.
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Replies: 9
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If you can sit on theses shares for 3 or 4 years you will see a great return
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No idea PM but I thought you had disposed of all yours when the "crisis" developed. Or are you thinking of buying?
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As we have only had the first dip of a double dip recession, avoid them like the plague.
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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 |
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Bigfliesdownunder seems to know best ;)
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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. :) |
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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. |
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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.
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lloyds good bet
rbs dont go near |