Bradford and Bingley share help

schooleydoo

I received some shares in Bradford and Bingley when they merged, not many but enough to help me and the missus to get married this year.

That was until all this Northen Rock crap, and now this crash.

A year ago they were nudging £5, and are now down at £2.50.

Ive 2 options, sell them now and regret it when they go up a week later, or wait it out and regret it when they drop even further.

Ive left them alone until now as i dont really know much about shares, but now the time has come to use them, theyve plunged.

Any experts out there have an opinion on what to do? Sell up and have a less than ideal wedding, or wait it out and cross my fingers?

Mr_£

SELL THEM ALL...

...So that I can buy them back and enjoy the wealth in a year or so time when they have shot back up!

The problem is that everyone is listening to the media who spend all their time sipping champers and scoffing with other journos about how they can continue to misinform the public!

B&B are in no trouble, there profit is up, balances are growing and mortgage sales are as strong as they have always been!

Sell them at your peril!

Secret_Wookie_2

You may wish to wait until annual results seasons when they and many other banks start to report results for last year. That will start to sort outb who has done well and who hasn't.

if_i_was_a_richman

You could always remember that whatever price you sell them at this is money for free as unlike some, these shares cost you nothing

lolarentt

Now is DEFINITELY not a good time to sell! Hang on, they'll come round again eventually, although I wouldn't count on them to fund any sprees in the short/medium term.

schooleydoo

B&B are heavily into property though right? Which probably isn't going to be a good place for money to be for the next couple of years?