Totally agree, the government would have not sold more shares to the institutions if they thought Lloyds were in very deep trouble. Hopefully next week will see Lloyds shares regain some of the ground that it has lost.
Only way is up. If institutions and hedge fund managers are prepared to invest billions at 75.5p then they must be pretty convinced they're going to get mega profit. By September when they announce a divi they'll be flyer high again near 90p. Then Lloyd's will buy back some of the governments stake and sell the rest to the public who will love the dividend and share must increase for them before the general election so everyone loves them. Simples!
Is anyone worried about the new miss selling of investment products as the FSA are looking into it going back to 1970 all on the radio at work every 15 minutes advertisements for miss sold investments of all kinds sounds like brown trousers time to me.
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