Originally posted by scooterscot
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stock market crash
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I have my own auditor!
Be sure and report the results to Whorty - he has trust issues."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Be easier to see on the register if you buy some odd number of shares like 81973 or 82007First Law of Contracting: Only the strong surviveComment
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82007 it is @ 25p a share
May edit price tomorrow depending on market conditions.Last edited by scooterscot; 30 September 2020, 21:47."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostWas waiting for someone to bring this up. Your sentiment is perfect by the way. Buy when others are fearful. Lloyds and cryptocurrency - did you hear the rumours? I'm guessing not.
It is entirely possible for the FTSE to continue its collapse and watch the bank do rather well. Starting the first purchase tomorrow, 82,000 shares. Whorty, you got that?
Regardless of the rumours, this trade is entirely technical, just like Centrica, I don't care about the fundamentals of Lloyds bank.
Fun stat:
I would need £41 million to purchase the same amount of shares in 1999
Can’t ignore fundamentals..
Some people with cash might fancy the divi yield as might income funds. You might be right, it may rise.
But, the government Covid support for businesses will end soon, hows that going to look for lloyds Business loan book? What about private loans and mortgage repayments when people lose their Jobs? Mis-selling of interest only mortgages, how many of those are going to mature soon?
How worried are lloyds about a few more players, amazon, google, facebook, apple.. coming into the market.
Anyway.. assume your looking at weeks not months or years.
You clearly don’t have that PUT, lets draw a line under that please.Comment
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Originally posted by BABABlackSheep View PostYou clearly don’t have that PUT, lets draw a line under that please.
You're making me question his honesty!Comment
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Originally posted by TheGreenBastard View PostBut if that's not real, what else isn't? Half a mil crypto winnings from a 1X,XXX stake?
You're making me question his honesty!Comment
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Originally posted by scooterscot View PostLloyds have 70,000,000,000 shares.
You might need a magnifying glass.I am what I drink, and I'm a bitter manComment
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Originally posted by BABABlackSheep View PostOk lets play this, you’re looking at the NAV of LBG and the support at 24p?
Can’t ignore fundamentals..
Some people with cash might fancy the divi yield as might income funds. You might be right, it may rise.
But, the government Covid support for businesses will end soon, hows that going to look for lloyds Business loan book? What about private loans and mortgage repayments when people lose their Jobs? Mis-selling of interest only mortgages, how many of those are going to mature soon?
How worried are lloyds about a few more players, amazon, google, facebook, apple.. coming into the market.
Anyway.. assume your looking at weeks not months or years.
You clearly don’t have that PUT, lets draw a line under that please.
As mentioned before, the trade is entirely technical. For whatever reason predicted current price action is unconcerned with the news.
The Put remains active and I extended through until the end of November. Sure I mentioned that before.
What is NAV?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by TheGreenBastard View PostBut if that's not real, what else isn't? Half a mil crypto winnings from a 1X,XXX stake?
You're making me question his honesty!) he hopes he can dupe people. Maybe he can on trading sites where people join to try and get rich quick, but on here he's wasting his breath.
TBF to him Centrica was a good call, but it's only one in many bull-tulip posts. His Put doesn't exist. His LBG may be true, but given all the other lies you can't trust any of his posts.
I'm actually glad we've called the Put as fake as I don't really want to see someone lose so much.I am what I drink, and I'm a bitter manComment
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