RE: Ivor18 Aug 2013 20:44
I think that poster may have got the idea from me , I do know the one you mean, as I said this a few weeks back about Lloyds. I was in Lloyds before at around 25p and then fell for the CUP trap like most people. But given Lloyds has 71bn shares to Cupids 70m with Lloyds profits of 2bn in six months to CUP 6m or what ever it will be and a SP which was nearly the same when I bought back into Lloyds, I think Lloyds is a safe option and less likely to do me over.
With regards to Barc and RBS because they only have 12bn shares and 6bn shares this made the stock more attractive because of the bigger daily range for day trading but with Barc rights issue next month although I thought it was a very good deal I decided to give it a miss. Will also give RBS a miss unless it drops to 2.70 then I might be tempted. But will be sticking with Lloyds for now and will resist the temptation of quick returns in the future.
As for me I won't be investing in AIM's again will stick with the banks and maybe VOD if the price is right 1.80, I only have 20k invested so Lloyds is my one pick stock as not enough cash to invest in anything else although I took a complete punt with the CUP divi payment with AFE but I don't have any expectations for that.