Posted in: spread-betting
RE: Trading/Spreadbetting board19 Aug 2011 14:58
Hi Simon / Rob , whilst I no longer tend to dabble in individual stocks ( much preferring to SB related sectors)a thought has occurred.. bearing in mind the tax payers / HMG’s known stakes in Lloyds and RBS , there should be a fairly accurate mathematical method of working out ( assuming HMG is not enabling the trading of its positions , ha , ha ) a statistical bottom value upon the share price of each of their stakes assuming all other holders sell....a sort of support line that cannot be breached unless , of course , HMG decide to completely nationalise either one or both the banks to provide additional tax payer longer term value should all other support run a mile. It is fair to say that with only say a maximum of 16% of all shares in RBS being currently traded , the SP price movement is pretty staggering , likewise , pro rata, that of Lloyds.... Anyway , some budding analysts might want to work on this and such regardless food for thought .. atb , Mark