Stock goes up and he's quiet, stock goes down and he's back - "This stock will drop over the coming weeks and 54p remains my target". It was last week that he said his target was 59p! What a t001!
I think the gov share giveaway talk is well overplayed. There is talk of them offloading 10% by years end so they're going to do it in the best way for the SP as they still have 90% of their holding. If they give them away as talked about with the public not being able to sell until a certain price and then keeping only the profit over that price and returning the rest to gov, then thats no different than HMRC holding now as it'll just be millions more names on the registrar as opposed to one(HMRC). They won't offer them at a discount to the public, why would they? Get less money for their holding? Makes no sense. GL all. Lloyds at 61p and the market at 6365 is great IMO.
That last post was for AG who finds it hard to understand that like a person choosing to live in the U.K, that doesn't mean you have to 'pretend' the weather is wonderful.
Of course, you could move, but it would be a lot of stress, and you may end up worse off. So you stay, yet whilst not happy with your decision hope for better things, but don't, now knowing the state of play, expect a pleasant climate.
I have always seen this share as long term. I have 67000 of them and break even is 81pence. I feel inclined to get more of them, but should I do so now, or wait until the government sell off? I ask this because new interest in this share may push the price up. good for HMG but bad for me. You will gather that I am no expert but my shares have always done me better that ISAs. I have good memories of lloyds at £5, that and the divs are my present incentive.
...When, almost ever day it rained, and rained hard, if someone had said that they were putting on a Summer fete, or going to attend one, then I would have suggested they would get wet, or not to bother going.
That wouldn't mean I didn't want it to be sunny, or that I wished them ill weather.
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