LOL LOL LOL :-) As if...I think you must be the most unwanted and embarrassing poster, ever. Still, mildly amusing in an odd way although I can still see you are struggling with some basic grammar. Oh, and how's Veteran these days and has he sold his Tesco shares purchased at £2.38? I see they're flying this morning! Ever since you opened your £1.80 short, LOL ;-)
You state that Barclays performance has warranted a short. Barely I would contend. I've made quite a bit trading Barclays (thanks F430) and so I think I'm marginally up this year on the stock. I was "down" a lot at one point. So whilst the trend has been down - maybe 10% or so inc income - it's not been a disaster and you easily have made money. But, as I say, we will see where this goes.
I remember this was first mentioned in 2010 time and Barclays shares was hitting the dizzy highs of 380p with the Investment banking arm was king and Investers would not of been too happy to separate divisions
BUT Today the world has changed so much investment banking is still profitable but not as it was in 2010
As today Barclays shares trade around 230p funny thing is now its now GOOD news as this will increase our NAV as the share price should increase in value
I am really looking forward to the update this month our retail and Barclaycard divisions has been working over time, With the exception to the high Rand in 2014 I believe Barclays Africa PLC ( ABSA ) will show modest gains and investment banking should see increase in non interest income on all the M&A deals ( IPO'S) so far in 2014 also the strong Dollar will help here
All good things come to the patent here... so stay strong and ride this baby north
I fail to see why you have regurgitated my (quite good) prose on Barclays with my observations on you? Is that some sort of self awareness creeping in? Anyhow, back to the subject which is I remain resolutely long Barclays. Whether that is right short term, no idea. We will see what the next results hold.
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