Would you have us buy in at a higher price if we see (or assume) that brokers and traders are selling and driving the price down? Are we not all here to turn a profit? You are entitled to say that BARC will reach 290 by Friday if you wish and believe, you have no right to **** me off because I articulate an opinion. Why else do we have these boards. I'm sorry if you are down at the moment, but don't blame me! We all suffer bad timing occasionally. Trading goes on regardless.
As posted a while back I've pretty much stopped posting. But.............someone gave me a right kicking on here a few weeks ago when I (and others) suggested 250 might be revisited. Shorts still running. Still feel we might (MIGHT) see that 190/200 gap filled. Hope all on here (old and new faces doing well). Cheers all.
I may be wrong (what do I know) but I'm reading something into the reference in the PRA's release about maintaining lending. One way to improve the CET1 ratio would be to cut back on lending. But that seems to be something the PRA wants to avoid.
In the final analysis though, the capital plan is something the PRA and the bank agree between themselves. My belief is that having agreed the plan for 1 year, there won't be any bombshells until the middle of next year. Then there'll be a new goalpost. And an agreement on how they're going to get there.
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