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Dead Cat Bounce
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WTF is going on here. I pop out for an hour come back and all the banking stocks have plummetted.
One of the most blatant shorts in history. Thank god I didnt have any stop losses in place for this lot, especially Barclays as they would have all triggered and I would have been sitting on a massive loss as opposed to now where Im only a few grand down.
Whew.What happens in General, stays in General.You know what they say about assumptions! -
HBOS / Lloyds reported 10 billion quid write-down. Ouch. Glad I sold my RBS yesterday. Still long Barclays though.Bored.Comment
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the NRK judicial review means shareholders are now worried about full nationalisation without compensation IMO.Comment
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Originally posted by Cyberman View Postthe NRK judicial review means shareholders are now worried about full nationalisation without compensation IMO.
But that is no worse than full bankruptcy without compensation, which is what would happen if there was no government bailout.Comment
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