Member Info for Just_My_Opinions

At the time knew exactly how this arrangement was taking place. I remember people on various internet forums moaning about it. Stevie Wonder could see it. They turned a blind eye because he banking system was on the verge of collapse, and it was one less big bank to worry about.

I don't think it's the Credit Card business. Giving 0% introductory offers will cost them, if anything even if customers use Balance Transfer offers to move away from Virgin Money when their offer is over, a percentage of those will stay and pay interest. They'll have an idea of what that percentage is likely to be.... I think it's potentially a hit to their mortgages business. The housing market has been correcting a bit in London and the South East (I'm in the South East) with the drop in sales very noticable... and I read an article saying there had been a 19% drop in buy to let mortgages in the industry as a whole. Although Virgin Money's mortgages are made up of about 82% Residential they have 18% Buy to let. I agree on the USA at least for now, the economic data was pretty much all bad last week. This could be an anomaly for some currently unknown reason, so need to see what future economic data releases are like.

@ 1589

With oil's drop, there's a good chance the gap will be filled to at least 442.40p

Closed at 333.42p for just over 10% after Stamp duty and fees.

It's a falling knife just now though, I don't intend to catch it if I can help it.

Considering a long when the 2 hour turns positive... Must be something due to screw the world geopolitics wise. A shock Marine Le Pen win should do it, or Mr Jong-Un throwing the toys out the pram with a strong US response :-)

French election relief rally. Don't look for logic in it haha :-)

Target adjusted slightly higher to account for stamp duty and fees.

Target 10% within 3 months. Will adjust higher or lower if need be.

http://uk.reuters.com/article/uk-britain-election-energy-idUKKBN17Q0LR

4 buys, 4 accounts... Target 212.28p 10%

10%

Target 329.967p

Looks like some shorts are being closed.

So do I, but the market is currently correcting and a shorter is working this stock, so depends if you want to sit on a loss for a bit before it recovers again.

Drop in buy to let lending due to the stamp duty increase on buy to let properties is the main cause. I would never rule out any price, cheap can always get cheaper. With that said it's on my radar for when the technicals improve.

Oversold on the daily RSI... so this will be on traders radar.

A shorter is working this stock just now. "Wellington Management Company, LLP" increased their short position on the 11th of the 4th slightly. I've noticed loads of very small sales. This is a tactic hedge funds use to make small changes in the share price, causing other investors to sell as the think it's going lower, which off course "does" drive the price lower. When they can't drive it any lower this will bounce hard one day.

Now that's better... more detail in what you say. But still the main strategy which is your formula is not detailed here. But still from that reply... the majority of what you said shows you're not just a random speculator. At the risk of being labled egotistical by Picket... you're on my pay attention to this dude list. haha