The SP here will only move upwards to it's true price when the current government sell off their entire holding. Only then can market forces truly take effect. My city spies tell me that £2.11 is realistic in 2015. This is not a ramp, I've been holding and buying since 2012. No point in buying right now unless you trade in sufficient volume as a day trader. The current daily ups and downs are being created by Institutions not PI's. GLA
Good point made, we don't all have the time to spend trading. I'm long retired (70th birthday approaching far too rapidly) and have the time to spare. Sounds strange but it's not all about the money, I just enjoy the thrill of the chase as the hunting fraternity say.
I am also a long term holder of LLOY since God knows when and will always hold onto my core portfolio which I never touch, but I do enjoy trading also..You are right about the local wine, tastes amazing, and no preservative chemical hangovers.
and I am not a trader, well every now and again. I agree with your view on Lloyds you probably can make a coupla quid here and there but I suppose you have to be focused. Anyhoo I am confident we will recover into th eighties but it looks like the markets are taking it down. I am jealous of the Ocs and 1.6 euros, blinking heck it probably tastes fine as well. ATB Cheers.
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