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HBOS shares

11920222425107

Comments

  • Old_Slaphead
    Old_Slaphead Posts: 2,749 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I see the setmefree shareprice messaging service is back on air again!
  • ianmr65
    ianmr65 Posts: 596 Forumite
    tradetime wrote: »
    Given the hedgefund industry stands at over $2.5 trillion, by most estimates and is largely unregulated I don't think they have too much to shout about, there are many powerful people in both the investment world and the regulatory bodies, particularly in the US that are looking at how they can apply regulations to these entities, so possibly they would be wise not to draw any more attention to themselves than their obvious size already attracts.


    They seem to be doing a lot of shouting!!

    http://www.ft.com/cms/s/0/c30c970e-3e4a-11dd-b16d-0000779fd2ac.html

    "The Alternative Investment Management Association, the hedge fund trade body, told the Financial Services Authority in a strongly worded letter that the “flawed” disclosure rule “undermines the confidence of the wider financial industry that its regulator will ‘play fair’ ”.

    AIMA echoed the concerns of many in the City who believe that the new rules were introduced to rescue the rights issue of banks including HBOS, rather than the FSA’s stated reason of suspected market abuse by short-sellers....."
  • setmefree
    setmefree Posts: 851 Forumite
    I see the setmefree shareprice messaging service is back on air again!

    Well thank you very much for your kind words ;)

    288.50 going up a bit so not all doom and gloom :D
  • setmefree, could you be shorting hbos, hence your satisfation at a falling sp
  • setmefree
    setmefree Posts: 851 Forumite
    setmefree, could you be shorting hbos, hence your satisfation at a falling sp

    I wouldn't buy shares in anything, i hope that clarifies matters for you ;)..


    Share price now 284.25
  • tradetime
    tradetime Posts: 3,200 Forumite
    ...and it's Options expiry (triple witching) tomorrow :)

    Yup could be some carnage, a day off I think, beergarden time ;)
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • setmefree
    setmefree Posts: 851 Forumite
    tradetime wrote: »
    Yup could be some carnage, a day off I think, beergarden time ;)

    Good idea :D 283.00:eek:
  • setmefree
    setmefree Posts: 851 Forumite
    Oh dear the share offer looks rather grim now :eek:

    278.50 @ 3.10 pm
  • setmefree
    setmefree Posts: 851 Forumite
    going up a bit.... 281.00
  • tradetime
    tradetime Posts: 3,200 Forumite
    ianmr65 wrote: »
    They seem to be doing a lot of shouting!!

    http://www.ft.com/cms/s/0/c30c970e-3e4a-11dd-b16d-0000779fd2ac.html

    "The Alternative Investment Management Association, the hedge fund trade body, told the Financial Services Authority in a strongly worded letter that the “flawed” disclosure rule “undermines the confidence of the wider financial industry that its regulator will ‘play fair’ ”.

    AIMA echoed the concerns of many in the City who believe that the new rules were introduced to rescue the rights issue of banks including HBOS, rather than the FSA’s stated reason of suspected market abuse by short-sellers....."
    LOL, I didn't say they wouldn't shout, just that they didn't have too much to shout about, and that they probably shouldn't. I for one would think that particular industry requires a lot more regulation. Given the inadequacies (spelling?) of the FSCS I'd have thought most people might be somewhat relieved that some measure to prevent multi-million $ headgefunds shorting them into bankruptsy was attempted.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
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