Originally posted by Cyberman
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Boomed! - Just bought a load of HBOS ...
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Originally posted by sasguru View PostMay hold till tomorrow. If good, I'll take it, if not I'll hold medium term.
I doubt HBOS will go bust, at these prices definitely undervalued.
Northern Rock was considered undervalued by hedge fund RAB and others. Some people never learn.Comment
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Originally posted by Cyberman View PostYou forget that HBOS has already had access for months to BofE funding, which Northern Rock was denied. That is one reason why HBOS' demise has been slowed down. You are slightly naive."Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
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Originally posted by realityhack View PostRubbish. Where are you getting this info from? HBOS are fundamentally sound. Troubled, but sound.
Ah, that's all right then, because Realityhack says everything is ok.Comment
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Originally posted by DaveB View PostWhich they didnt use becasue they didn't, and still don't, need it. All the major banks had access to the BofE funding, none of them made any real use of it.
20 Billion oversubscribed TODAY, and you are still in denial !!Comment
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Originally posted by Cyberman View PostThe take up TODAY on 20 Billion pounds was OVERSUBSCRIBED."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Originally posted by Cyberman View PostAh, that's all right then, because Realityhack says everything is ok.Originally posted by Cyberman View Post20 Billion oversubscribed TODAY, and you are still in denial !!"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Originally posted by Moscow Mule View PostSo your point about HBOS being subject to special measures was complete BS then?
These funding allowances by the BofE are special measures.Comment
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What does the panel think about the FTSE tomorrow? after 3.9% yesterday and 2.9% odd today - are we looking at a rebound? or more misery?The mind is its own place, and in itself, can make a Heaven of Hell, a Hell of HeavenComment
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Originally posted by Cyberman View Post20 Billion oversubscribed TODAY, and you are still in denial !!
The central banks are injecting cash into the markets to help ensure liquidity in the face of rising LIBOR rates, not to shore up individual institutions."Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
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