TSB float?

MABLE

MABLE wrote: »

Changed my mind. After reading Questor they pointed out five things to avoid in TSB.

Memo to myself. Ignore the DT's Questor column.

Rollinghome

MABLE wrote: »

Memo to myself. Ignore the DT's Questor column.

Very wise.

If the journos who write it were good enough they'd be earning a hedge fund manager's salary, not that of a journo. Or long retired.

waveneygnome

I read most of the commentators prior to the float...mostly neutral or negative, very few positive.

I used to work with Paul Pester in a previous life, and I had a good chat to my bank mgr the day before applications closed, and me being a contrarian type of chap applied for £11k.

Only got £4000 odd as oversubscribed.

Happy to hold.

Thrugelmir

Sold out too. Didn't expect such a good first days premium.

vectistim

I'm leaving mine there, it was only a bit of money that was lying around in cash, so it wasn't exactly as if that bit of money was working hard before.

wannaberichbtch

Happy too hold for now, I had solid reasons for buying and am in no hurry too send the funds back too a 3% interest account.

PeacefulWaters

gardner1 wrote: »

allocated 826 sold at £2.98 for £314.48 profit

Sat there with a 289p sale price in the screen and didn't take it. Tried again and was offered 296.5p.

Bit their hands off.

I might yet buy back in if the price drops back a bit. But I really should diversify more.

Thrugelmir

wannaberichbtch wrote: »

Happy too hold for now, I had solid reasons for buying and am in no hurry too send the funds back too a 3% interest account.

Is your holding part of a balanced equity portfolio ?

wannaberichbtch

A good question Thrugelmir and I do take your point. I would say that this deal has added some diversification, but I am unlikely to purchase more banking shares. I would certainly consider selling if they reach a certain price point, but this was a considered purchase for me, and so far this has achieved what I had hoped. I'm sorry that some posters were swayed by the negative comments in the press and missed out on a quick win, as with many things the press has it's own agenda.

inversions

I bought my £2k worth through X-O. Looking at selling page and I see a couple of things I don't really understand.

What does 'Settlement Offset' mean and why does it have the options: 3, 5, 10 or 20 days?

Order Type: Good Through or Stop Loss. I can guess but I'm not sure what this means?

Limit Price: Combined with the above option I can have a stab at what it means but I would appreciate a clarification.

Any help will be much appreciated! But please don't tell me off for 'playing' on the stock market when I clearly don't know what I'm doing!