If it's not going bust then where is the bottom ? Current market cap is much less than the fund raise. MREL expensive but in place. FCA unknown and could be a bigger problem than anticipated but might be ok now that the main players aren't involved.
Either way on a risk and reward basis it's much more likely to spike up 100p than down 100p. I don't short shares but I wouldn't short these at the current levels if I did.
Maybe thats why the shorts are closing - damage done - profits made- risk reward now against them - time to move on ??!
CoolMax, if you have children that would be exactly the reason you wouldn't want to vote for the big spending union controlled, gadaffi and IRA loving communist.
Who is going to pay it all back - the tooth fairies ?
It doesn't work, it never has...!
Metro BB anyone ? Bought back in today, nothing has changed on the fundamentals but I think something is brewing if the shorts are closing. I'll add down to 150 if i need to - hopefully that wont be the case but happy either way at 176 ish...
You mean giving back some lunches in the meantime ?!
To revisit the lows is looking increasingly likely, especially after the market re- rally predominately on fresh air and job numbers. Liking my re - opened market shorts. I'll start buying back if Metro drop to 165.
Notice that even most of the rampers have now given up - a quiet BB apart from a more often than not p155ed up Amers to keep proving how completely stupid he is.
the demand for oil will reduce, short term it wont reflect in the share price of oil companies, long term it will if they don't adapt. lot's of other supply and demand and geopolitical stuff that feeds in to the price as we all know.. We've already discovered enough - so wrong to be bearish and wrong to be bullish was my point.
don't take your frustrations out on me - there's a good chap..
RE: £309M for a UK bank, no.1 customer service.06 Dec 2019 13:36
pion3r - not that it's really any of your business as you're not head of the BB ?!
A few reasons though..
1. I've traded these several times and am still below water which irks me - so I want to try and balance the books eventually. 2. Several of the TeamDarwin crew have ensured that I stay around by becoming personal and disrespectful when I was just trying to offer balance. 2a. They deserve a bit of their own medicine and I like being proved right so it's win win to wind a few of the a55holes up..