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Diverting Away from the dog eat dog world of the anxiety life connected with share dabbling, I read an interesting article on diverse investments, the small area of classic cars purchases are expanding rapidly, the focus seems to be on the rare ultra low mileage cars, in particular Mercedes and Jaguars from the 1980’s, it mentioned that the jaguar cars have always been priced very low and now people are waking up to the quality of the fine leather and hand crafted interior that was put into these cars and the Mercedes W123’s.
Interestingly, the article stated that unlike invisible investments such as stocks, commodities etc, with classic cars you have something physical that you can see and use.
They do have a point!!!!!
Traders, stick that in your pipe and smoke it.
The bare truth is, no-one really knows but all we can do is have a gut instic6 that come the end of the year we consider the situation around us (Covid, hosing market, general confidence etc) then see how the retailers have done come February, make a guess as to whether the Barc’s final figures are possibly positive and the chances that the dividend may be reinstated, gauge how the market (world) is fairing then either hold or dip the toe in and buy around Feb with the HOPE the news is positive for the final figures........
It’s all a guess but it’s better than the fruit machines, lottery, horses and the bladey bingo!!!
For all you optimists out there who are taken in by the words of the manipulating press gang, at the moment everything seems quiet but behind the scenes, chat is afoot on sending out negativity, you Mark my words chin scratchers, in a few weeks (probably the 1st week of September) the Conniving, scheming, manipulating press will dream up a story about a second wave is afoot and banks will have to put aside colossal funds aside to help out the unfortunate people who become unemployed, this dressed up message will be in the hope that the share price tumbles so their friends/ confidence tricksters/traders will buy in then hold until the press concoct a positive story to release for the toe nail picking traders to make a fortune
Sad as it always is but hey ho!
The people mentioned in the subject have a little bit of manipulation in their armoury, the pigs/press have a chat through their corners of their mouths with traders, note book in hand and a few winks exchanged then gossip is produced, when a fluctuation is made, the Traders are back in or Out, depends on their intentions. Anyone who thinks it doesn’t happen then they are either gullible or very trusting.
Excellent strategy, there are never any guarantees only gut instinct, even the so called boffins can’t predict anything ........ but what they can do is send out bad news and good news with the view of slightly manipulating the Share Price!!!!
Way back over the rainbow I used to apply my valuable time for the benefit of Barclays Life, since big Bob Diamond got shoved off his throne the good old Barc has lost its way, the trouble is, the management there now haven’t got a clue, none of them can make a decision and they are getting massive salaries for shuffling papers - blank papers at that, they arrive in the morning, albeit early with a belly full of breakfast, come 10am they clock watch, shuffle blank papers about until 12noon, they hop to reception and nod to the porter and whisper ‘just going for lunch’ the porter replies ‘see you in the morning’
What a job, monster salaries for their indecisive decisions.
It should be the same echoes as the Newcastle Football Fans chant about Mike Ashley - ‘Sack The Board!’
If you glance over my previous message, I did warn you guy boys and girls that the good old Barc was due for a drop, I suppose you can all see that I was right.
Barc will drop to 90p and the you all chancers will be advised to jump back in - don’t sit on your hands fellow chancers, do the right thing for your wallets!!!!
Well all you high rollers, I don’t normally drink from the glass that is half empty but it’s time to strap on the parachute and bail out. I have been dabbling since Maggie Thatcher gave us the opportunity to buy utility shares way back in the 80’s, and I’m sure there’s a few of you who remember those days of boom and bust.
I can smell hard times again chancers, all the media posts are what they want you to read. I don’t see any positive news until 2021.
Be careful chancers you may catch a financial cold
SumOverHistories, thanks for the post, I was referring to all those derampers who may have lost out. At the min I don’t hold Barc but I believe they are the most reliable bank share out there.
I personally have been dabbling around with a few bits and bobs over the years from the joys of ARM Holdings that zoomed from almost a penny share to over £10, To a dog of a share called Dragon Oil, believe me I’ve had a few dragons but that one certainly took my wallet.
Back to Barc, they have cost me my wallet over the years but at least the kept paying the dividend.
Wipe away your tears Guys and Girls, personally I am so relieved that I sold up during mid May at 1.25 but surely these are in line for a recovery soon.
Like the lyrics of the song from the streets - Dry your eyes mate, I know it’s hard to take but Barc’s mind is made up, there’s plenty more fish in the sea. Stop staring at the floor, things will get better!
Now come on guys, all you de-rampers and others who have their glasses to the edge of their noses plucking their bottom lip will surely realise that the good old Barc will jump up again once the dividend is reinstated- now come on!!!!!
Wait for 1.08 and hold.
Way Up Guys, thankfully I sold all of my stake in the good old Barc last week at just over 1.25, this time I’m on the side of all you de-rappers.
The Barc will drop to 1.08 but that will be the new bottom, come on Barc, show the 1.08 and I’ll be back in - De-rampers keep stirring !!!!!
What I would like to know is where are all those derampers have gone who used to state that Barclays are going to be 50p, they were ridiculing Stuart for his optimism and his Whoooos!
I guess Stuart was right all along and those derampers are ones to take no notice of and push their advices aside.
I hope no-one took the derampers advices.
I wonder what share price figure they dreaming of now?
Ha ha ha
Good morning folks, in my opinion the market has had it’s profit taking and their engines are on tick over ready for the expected relaxing of lockdown, when good old Boris gives the green light we should see another mini surge!!!!!
Best of luck to everyone
It sounds as though you may not have been around the share dabbling game during the Stock Market Crash of 2008 when the banks were hard hit because of the regulation relaxing, but I’m sure you would have heard about it.
If you didn’t know about the Sheik’s monster gain he endured from Barclays it might be worth a look, I said it was 2008 but it’s possible it was 2009.
I’m not really passionate about football but I can imagine that most of the Manchester City Supporters will be grateful of the riches that the Sheik made from Barclays investors.
I did lose over £50k at the time but thankfully the Barc has pulled a few grand back for me over the past month.
Keep investing Falklander and I hope you do well - Keep the faith and chill out a bit