Member Info for Shaun_LSE

Signature banks is the same I read.
Yes it's the beginning of the end.

Funny how the hiking resulted in bonds values being decimated leading to these. Like 2008 big banks get the support and the competitors get thrown into the can. It is no coincidence.

"Loaded at 49p, 48.50p, and 47.40p"

I bought in at max 41p, sold at 47p.

I'll buy back in at 25p or less which we'll see by year end.

The banks are a house of cards built on foundations of sand.

Let's Just say we have seen Northern Rock fall and this is just the start.

Hopefully the bad news will quieten down enough for people to push it back up to 260 for the divi.
If it drops to 235/220 I'm buying more.

Some people said that about SVB a couple of weeks ago...

Hopefully we don't gap down in the morning, otherwise I'm deep in that red baby!

If they keep hiking, bonds will keep dropping.

When you feel like puking and cutting your losses, it's time to buy!

Looks like momentum has turned for now. I'm hoping for a bounce here, not financial advice.

Let's hope ;0)

SSLN/VUKE good pair. Signals say buy SSLN now for me.

"Or, if you don't get in, you may be buying at 245 later or tomorrow."
FOMO!
Look at weekly chart, put in levels of support and resistance.

Some big buys. Hopefully this is the bottom for now.

If 235 doesn't hold.

215 below that.

235 seems to be the demand level IMHO.

I messed up and bought back in at 31xx. Seeing this dip I was waiting for the bounce, but there are a lot of sells of £10k+ going on right now. Might be stop losses being knocked out. A lot of buys from low volume retail. Seems like a good idea to follow the bigger sells.

" even the ones that will ultimately benefIt from any interest rate rises."

Not when people start defaulting on debts en masse and the banks are left holding assets worth a fraction of what they loaned for.

We are Wile E. Coyote about to look down and realise there is no ground beneath our feet!

Forgive my naivety, did they just print 100k new shares, devaluing our holdings or is there something else to it?
3.5% div and increasing shares is a net loss in real terms.

Yes just hit my stop loss. I'm going to be a bit more patient now!

Tradingview had an incorrect final div number, they have updated it now.

Tradingview has their Div at £3.72!! Yet it's been cut to 185.35p.