llyods tsb shares

Thrugelmir

dealsearcher wrote: »

Yes, but it seems to have really upset the share price. It's all sell sell sell at present. Currently well below even the discount price the government got. This market has been well and truly spooked.

Where are the buyers is more to the point.

dealsearcher

Thrugelmir wrote: »

Where are the buyers is more to the point.

The buyers have been spooked. Presumably waiting for a stable price level where they feel confident to buy in. This kind of fall makes it difficult to pick that point out. Although why anyone would be selling at this price beats me.

Thrugelmir

dealsearcher wrote: »

The buyers have been spooked.

Perhaps there aren't the buyers out there. My preference personally is for HSBC, Paragon, Secured Trust or Standard Chartered above Lloyds currently. Once it became apparent that Lloyds did have more bad PPI news on the way and dividend would be postponed. I halved my holding late last year.

sabretoothtigger

I can't see 60s, but how it's going to rise much further from here

If people cant see a profit, an immediate one even that is why it goes down.
They dont do this benevolent purposes, money is often borrowed to hold the stock while it rises. A common consensus it cant rise much more will suddenly turn it negative.

dealsearcher

Wow! A combination of the dow falling last week and the Ukraine crisis has really spooked the Lloyds share price! Currently mid 70p and still falling! Haven't seen this price since mid 2013.

sabretoothtigger

Opps, I sold some at 86 so should have bought some at 70 but I think we can get lower still. The recent rise was a bit weak, hope the TSB ipo is a good offer.

I'll order for 64p till autumn