Member Info for Darth.Trader

Crispiano,
"What difference does it make? not being rude just seriously interested. The sum of the parts would be the same right?"

i really don't think LTH's holder would want to see a consolidation of any ratio imho...dyor..

Onlyif, we also have Nov 3rd, the USof Election....One forecast says trading volumes are likely to spike to as much as eight times their normal levels on Nov. 3. The biggest banks are testing their technology to make sure they can handle it....
lots of volatility ahead i'm afraid, i can see Robin-Hood traders, mom'n'pop getting wiped out....or getting out prior to that date...

DYOR

onlyif, Brexit is not oversold, this decline is all about C-19 and the impact on the economy, jobs, etc..
No Deal is not priced in therefore Brexit can not be oversold, should a deal materialise then Lloy may get to 30pennies only to fall back as we, the UK , are now seeing wave 2 C-19 and still have winter to get through.
The new job retention schemes will have little impact come Jan 1st /21.

Should a No Deal be announced then we will see an Unthinkable Low....
DYOR

onlyif
"its still the same bank as it was before covid and will after despite all the glooom"

yes and maybe that's the problem going forward into a new era...No Deal and the UK / London will become a bigger financial epicentre, more competition as well as smaller banks. EU are ready looking at way to retain, grow the financial sector, probably in Frankfurt ...
DYOR

yes, consolidation but the numbers will be different from the ones you suggest.....

DYOR IMHO

Triflepig,
"Yes a bit colder, windy and showers here yesterday. I think that sitting outside is becoming less appealing and sadly will hit hospitality even more."

yes, some of these venues had temp permission to use outside space not only will stop due to H&S, when the bad weather hits, winds, rain, snow it will not be as attractive as it was in the exceptional weather we have had this year! Some venues are too small inside to survive if Social Distance measures are to be policed as they have stated...
DYOR IMHO

TLF
"Yes, you are RIGHT talk is cheap for those who has no interest here."

Have you requested information from JP Morgan with regards to there position in Lloyds....?

DYOR....

TLF,
This is a public forum and not a closed club. Also since the UK Govt are supporting the UK economy via Lloyds, using them to admin loans etc, in which we ALL have a say; however not that i need justify anything to you or any other poster as it happens i held, sold, traded, Long & Short lloyds many times over.

I am also a client of Lloyds for numerous products using personal, businesses bank accounts and have done for as long as i can remember....

DYOR

TLF..
"DC, when JP Morgan give sp target and the target is not reached,
Does that mean JP is naive?"

Talk is cheap, JP Morgan didn't put their money where their mouth is, Marshall wace did by placing a large Short position...
DYOR....

DC,
DOW losing ground, the DOW on the weekly produced a Gap Down on 24th Feb , then a Double top 31st August which also closed that Gap Down. The Daily chart is very bearish and looks very likely to produce a Bearish Triple MA...

DYOR..

should read "Would NOT rule out"...

DYOR

DOW - TA / Weekly chart, Double Top, 31st August, Parabolic SAR negative, going negative on MACD, RSI not even oversold...
I would rule out 3k getting wiped off the DOW in he coming sessions...
DYOR

DC, according to the numbers the public are in favour of a Full Lockdown if cases keep rising.....

DYOR

chancellor Rishi Sunak imminent announcement with regards to furlough scheme expiring at the end of October and his new plans to secure jobs needs to be massive, as we are talking restrictions initially for 6 months that will doubt get tighter and probably lead to a full lockdown as the UK enters winter...

I do not envy Rishi Sunak....
good luck...

As I've stated, sell into the rise. .....

DYOR

DOW - TA /daily Chart , very bearish, not looking good.
DYOR

Personally i reckon we will see the Unthinkable Low and decline well, We've only just begun...,now were have i heard that recently...
DYOR

..considering ‘massive’ package to help jobs and growth...

DYOR

I hope they come down hard even though the restrictions are not heavy in terms of a full lockdown having said that during the lockdown you couldn't find a quiet area in an otherwise deserted park to walk dogs....seriously it was a joke.

onlyif well lets see, if you are wrong i can see Boris getting handed his asss for xmas, apparently he wanted a stricter restrictions but MP's kick'd off....i bet none of them live in apartments without a decent view...

DC - yes, apparently the immune system is roughly 3>4months..but not sure?