when BARC SP moves up, it moves quick - see share graphs - 20% gain in one or two weeks is not unusual from a start point of about 150p - barring anymore badly worded BOD announcements I think we will see a steady rise over the next 3 months - although it will go up and down daily on profit taking and broker deals IMO. I am holding about £20K so far and adding £2K a month while SP is low.
Hi Starmam, Thanks. I've held & traded BARC for a few months now. Eyeing up LLOY's for a first entry.
General view here is that though they're solely reliant on UK economy & housing market, anything around 50p (or a bit more) may be L/T value. Though Brexit will impact property markets, UK's chronic housing shortage won't be addressed for years & that factor alone may put a floor to any major house-price correction.
Still undecided on buying LLOY's, but it remains a strong consideration. - Regards & GL. Catch all later.
Hi Jackdawsson, Thanks for your comment/investment thoughts. The after hours trades on the Stock Exchange web appears to be another negotiated on 855,000 shares. Only hold two banking companies in Barclays and Lloyds. Good to see SP moving the right way. Sad to see more closures and redundancies but this will be continuous in the banking sector to squeeze profits for some and save others. Cost will probably be costly for Lloyds but beneficial in the longer term. Good luck if you do decide to invest. Sleep tight folks.
Starmam, Kindly note, the registered 158+ SP is due to deleted trades. Clicking on "BARC share trades" at the top of this page, then click O at the end of the trade, confirms this.
At a tangent. LLOY's may also be a decent bet at 52+. They've a VG CEO in Osorio, but one who tends to err on the side of caution. Hence an uncertain outlook knocking SP. But I quite fancy LLOYs to show a good profit in future for the more patient investors/traders who buy near current levels. Might buy some myself next week. - Regards.
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