Investor buys £10,655,106 SHARES IN HBOS

Sarah7

As kittie says, you need to look at the trade type, UT is the result of an auction, in this case the closing auction. It consists of matching many individual orders, not a single "investor" and the buy/sell indicator is essentially meaningless for uncrossing trades.

iamesbo

Sarah7 wrote: »

As kittie says, you need to look at the trade type, UT is the result of an auction, in this case the closing auction. It consists of matching many individual orders, not a single "investor" and the buy/sell indicator is essentially meaningless for uncrossing trades.

Eitherway they lost £2 million or 20% of their money in a day.

danny69

iamesbo wrote: »

Eitherway they lost £2 million or 20% of their money in a day.

Unless they didnt hang onto the shares and sold on at a profit. you never know, do you?

iamesbo

danny69 wrote: »

Unless they didnt hang onto the shares and sold on at a profit. you never know, do you?

You can be fairly sure hey lost they were sold market close deefinate 20% loss -so far.

RedFred_2

How have they lost any money? Surely they will only lose money if they have to sell them at less than they paid for them. Perhaps they are able to hold onto them until the price rises and they can take a nice profit

iamesbo

RedFred wrote: »

How have they lost any money? Surely they will only lose money if they have to sell them at less than they paid for them. Perhaps they are able to hold onto them until the price rises and they can take a nice profit

Well when we speak of the value of someting we mean the value at the present time.
Any other definiton is rather meaningless.

aqueoushumour01

RedFred wrote: »

How have they lost any money? Surely they will only lose money if they have to sell them at less than they paid for them. Perhaps they are able to hold onto them until the price rises and they can take a nice profit

unless the lloyds tsb deal falls through, hbos goes bankrupt and the shares become worthless

k8r4u

iamesbo wrote: »

You can be fairly sure hey lost they were sold market close deefinate 20% loss -so far.

Go find out how the after hours auction works and what an uncrossing trade is (hint: try Google :rolleyes: ). You (how do I put it politely ?) don't know what you're talking about.

MrExample

Don't forget that for every share that was sold this week, there was a buyer making the opposite bet that the seller was.