The stock is up, as is all the banking sector because Draghi is closer to the EU stimulus we are all waiting for. He is hovering over the QE button - mark my words - this will happen before christmas so we can all go home happy and stuff our fat faces again! I estimate a trillion will do - nicely. Another 'hope' is that the markets are looking to Japan to introduce another 'stimulus' to defend itself against another recession it has just dipped into. All in all the market is 'second guessing' global economies as they hurtle ever faster towards a financial brick wall called: DEBT. 45km viz. SS2. 17 degrees. "What a beautiful daaaaay".... as Freddie Mercury would say.
Motley fool, does anybody really read and invest on what they write ! You must take everything they write with a huge pinch of salt. Besides LLOY is not an aim share. Do you think heads of investment arms rely on the motley fool. Don't be a fool.
If a "negative "article is written,correct me if I am wrong,then would this not encourage the share price to fall,on the basis of that article.....then Mr article writer buys the shares in the hope they will rise when his article (if he has not already set up a short) is forgotten,or indeed a positive write up in the MF........my quarrel with them is their inconsistency ,and that is where my lack of trust remains ......to quote you ......"duh"
I've these for over a year. The goal was longterm but realised I could have made loads buying/selling along the way. Yesterday decided to sell up as 77p was the goal. Sold all @ 77.08 at a £60 loss. I told everyone the moment I do this it will go up. Within 5 mins it was 77.25 and today on it's way to 80p. This happens to me every damn time. Buy high, sell low that's my style. What a waste of a years funds. Waiting for the next 70p drop. Arghhh!, rant over, i'll start picking my toys up.
Quite a few names spring to mind when getting it a bit wrong - very big names. Personally MF is not a rag I read, but it's surprising how many do. However, the level of risk this guy talks about is not testicles in your language but an increasing concern, but then, it all depends on your trading or investing strategy/or not.
Hey Wids, you should read the article this guy penned in the MF in July supporting an analysts view that Tesco were still worth their £3+ valuation and how people still don't mind a day out in the car en famille even if the main purpose isn't grocery shopping. Well he got that a bit wrong didn't he lol. In fact he and The Motley Fool hold (or held in Jul) shares in Tesco so as per Lifeagamble's post you would have to be a fool to do what they say and that goes for good old Tony too but I guess the guys got to earn a crust somehow even if it is writing a load of b*****ks about Lloyds!
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