Member Info for NOVECKINGOOD

missing the point - either on purpose or because of a lack of understanding.

let's move on.. !!

Too much selling, not a great sign. I think this is the start of a traders market and holding will only really work on positive news. Many on here reduced this morning - including me. I'll keep a core and trade the dips until we get something more tangible. Still bullish, just maybe a different expectation as to how and when we'll see £3+

before you get too bogged down and paint yourself in to another corner, Lloyds have in my recollection acquired Halifax, C&G, Bank Of Scotland and Scottish Widows/Scott Widows Bank.

and they were effectively worth nothing - nada - zip - F()ck all, when the taxpayer had to bail them out in 2009 because they got it so badly wrong. Short memories some people - so how much value in your opinion have they destroyed (you can park the bankruptcy if it makes the maths easier) pythagoras ????!

Longtimebeforeyougetyourmoneyback - still avoiding the question about Lloyds v Metro short term share price value ?!
you were right to question why I bought before my 55p target though - so I sold them at a small profit this morning - thanks.
So in your opinion pythagoras, what percentage of the share price has this legendary company destroyed for its shareholders. Not 90% so is it significantly less - peak to now ??

Cheers that’s kind ! Likewise if you’re in Bath.
Surprised they weren’t better in truth, profits last year were 10% lower than 2018 so a lot of bar lowering across the board to be able to beat the street. US p/e still way too high and the rules of the game haven’t changed despite what they want us to believe.
Assume you’re cheering for England, had tickets for the Ireland game but we’re away sadly. Are you Saracens or Wasps or neither ?

Good thanks Popeye - you ?
Still short on the markets or did you close ?
Apple results incredibly good so the euphoria will hopefully push the markets up a bit more today. Profits a massive 10% higher than the same period 2 years ago and the share price has only more than doubled in the last year. It won’t last so I’ll hopefully be able to increase back to where I was on Friday. Metro going well.

Crikey posting at 01.33 to try and back up a poor argument - couldn’t you sleep ?

The Lloyds share price had dropped by over 40% in 5 years and has dropped by over 90% over the last 20 or so. If I’d recommended an investment to my clients that had performed similarly and I sat there trying to push the great dividends that were being paid out I’d expect a punch in the face.

Answer the question, will Lloyds or Metro be a better short term prospect for shareholders. You seem to like to dig at Metro holders so I assume you think it’s a basket case and that Lloyds is a better bet ? It hasn’t been since we started the dialogue in the last couple of weeks so what’s changed in your opinion ?!

Pound cost averaging, I’d rather get a third of my proposed stake in and potentially lose a little once the risk/reward stacks up than be greedy and miss the boat. 10% dividend (not every year) and a 40% capital loss in 5 years is still a cr@p investment.

Apples and pears, I’m only in Metro recently and for capital growth not dividends.

Are you suggesting that short sellers don’t get things wrong ???

Ok, 56.94. I thought you were suggesting that I was being less than honest. A bit pedantic - and my point was that you shouldn’t really have had a sly dig at Metro shareholders recently when in reality the share price went up whilst what you are holding loads of was going in the opposite direction. I suspect my next purchase will be at 53p. What do you think about the short term prospects for the share price in these 2 banks ??

?? Are you implying that I didn’t buy at 56. something yesterday, not sure I understand ?

no reason to be smug longtime - I suggested a couple of weeks ago that Mtro would be a better short term bet than lloyds which you profess to hold £six figures on. If you'd have taken the advice you be up on these and down less on those.. !!!

I bought lloyds at 56 yesterday, I don't think I've got the bottom.

Back in your basket Mr Smug..

Not been in the loop so just playing catch up, good day which looks like the Evening Standard article would have helped. Higher profile would have also meant a few more did some research and then bought. Good news, and hopefully onwards and upwards from a two ****** perspective.

Theo, I sold all of my market shorts yesterday as I thought the markets would want to go back up in advance of Apple earnings tonight. I re-opened 2/5ths before the UK close and will increase again on any further strength.

Microsoft on Thursday, so expecting further volatility across the board before the weekend.

I think metro have turned a corner though.. GL

Thanks Amers appreciated - a stripper with some of JT's Black Bush will do nicely thanks.

those were the days..

what a happy BB we have today, hope it lasts - wouldn't that be nice

Thanks JT, or Jamiesons or Paddy - surely you're not Irish ?

cheers Theo appreciated, what would you expect from a man who puts red bull in to his whiskey..

Cheers bud ! I've just closed the lot and tried to find a couple of bank bargains, underlying sentiment still positive so it won't likely be a one way bet down. I'll day trade from here and short any market strength.

Big earnings out this week so I anticipate a big tick up in volatility.

have you bought in to Metro yet, very good risk and reward now, maybe one more tranche at 180 if this isn't the bottom, but before I get trolled I think 198 is the bottom now - GL Popeye.

So it was pretty much a new photocopier, and World Equities have tumbled since Friday afternoon.

Thanks also for the Birthday card and the cheap scotch, a cracking start to the week !!

Agree about Metro, will be adding later..

at 264 you were £10k up on your SB account - your words not mine..

49 x 100 is not 10k ?

as I said.. memories

and we only see you on the bad days, and you didn't reduce on the merlot spike ?

maybe I'm being thick here but I'm just a little confused by the strategy you employ ??!

so you lost a load of money and then opened a geared position with money that you haven't really got ??

And still trading other stuff thats fallen off a cliff and you're being just as negative/needy/upset ?

is that what I need to understand ?