HBOS Shares

[Hobo]

[TuscNick]

Hobo said:

day low 179? - any bottom picking ?

[Piglet]

I'm stuck with some. Meant to sell them last year but didn't get around to it..

[Chim Girl]

Piglet said:

I'm stuck with some. Meant to sell them last year but didn't get around to it..

Me too. I feel your pain, I sold other shares instead of these, when they were at ~£11 ish.

[Emley]

Interesting times...

[Podie]

[suck eggs]

2 options...

1) Crap yourself and offload them, no matter what you lose.
2) Hold on to them as a longer term option.

I'd go 2.

[/suck eggs]

Edited by Podie on Tuesday 16th September 12:44

[Hobo]

Option 3, buy more.

[Ade355]

Time to take deposits over 35K out of HBOS ?? They pay a very good rate on business accounts, but Im starting to get nervous about this.....??

[g4ry13]

It's sentiment driven - I can't see them failing (preparing to eat my words here)

[johnfm]

Hobo said:

Option 3, buy more.

What are directors of HBOS doing? It would be interesting to see if they are buying their own stock - that would be a good pointer to option 3.

[Broccers]

johnfm said:

Hobo said:

Option 3, buy more.

What are directors of HBOS doing? It would be interesting to see if they are buying their own stock - that would be a good pointer to option 3.

Saw a PLC go tits earlier this year yes the directors kept on buying right upto that point.

HBOS won't have any huge problems imo.

[Emley]

Ade355 said:

Time to take deposits over 35K out of HBOS ?? They pay a very good rate on business accounts, but Im starting to get nervous about this.....??

Ade, I understand the sentiment, but what are you going to do with it?, put the money under the matress?

If the media whip up sufficient hysteria that the majority of the public start to withdraw their deposits, we will have a totally unjustified run on the 4th largest and best capitalised bank in the UK. The hedge fund investors win, run for cover, and leave the entire UK economy in tatters.
The like of which we have NEVER seen.

I think this is the begining of the end, for much of the monetary system as we know it.
At least I hope it is the end of the gravy train for the few gaining at the expense of the unwashed masses in what we euphamistically call "a service based economy"

BUY GOLD... Oh no... too late for that...

Anyway, just leaving to board the Lear to family retreat in the Caymen Islands.
Would the last man out, turn the light out.

Goodnight

(Oh it's late, have another beer, it will all be okay next week)

[Ade355]

Emley said:

Ade355 said:

Time to take deposits over 35K out of HBOS ?? They pay a very good rate on business accounts, but Im starting to get nervous about this.....??

Ade, I understand the sentiment, but what are you going to do with it?, put the money under the matress?

Unfortunately I have a water-bed. I guess I could fill it with champagne. On reflection I think I'll just short HBOS shares into the ground and let the government reimburse my 35K, win-win?

[DonnyMac]

Ade355 said:

Emley said:

Ade355 said:

Time to take deposits over 35K out of HBOS ?? They pay a very good rate on business accounts, but Im starting to get nervous about this.....??

Ade, I understand the sentiment, but what are you going to do with it?, put the money under the matress?

Unfortunately I have a water-bed. I guess I could fill it with champagne.

Fill it with Petrol, it will be worth more next week

[JOETHETOE]

HBOS and Lyods merger @ 300p/share hold those HBOS shares for a while???

[Simpo Two]

Crazy stuff. Load up at 8.59am for 80p, wait for BBC News, then 'bosh' - 300% return in an hour or so.

Nice work if you can get it.

[7even]

Cant be any worse than what I got for my chipsaway shares.


1:1 sounds ok, I guess

[130R]

232p per HBOS share

[Hobo]

For every 100 shares you had in HBOS at the close of play yesterday you will be given 83 shares in Lloyds by my understanding.

[7even]

Hobo said:

For every 100 shares you had in HBOS at the close of play yesterday you will be given 83 shares in Lloyds by my understanding.

Yikes