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HBOS shares
Comments
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Nice one Mcsaver, you didn't listen to the doomsters0
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Great aftertiming. For all those who bought at £3 and sold at £3.30 there's at least 10 who bought at £6, etc. on the way down and watched the share price crumble to below £3. :eek: The same people who are saying they are value at £3 are the sort of people that saying the same thing when they were £6 just because they used to be £12!0
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There is a myth that these things are cyclic and that shares will eventually be back up and above where they were months ago. I say there is no reason for this to be true. Look at how long japanese stocks have been in the doldrums. When they first dipped nobody really batted an eyelid cause they only expected it to last a few months but now 2 decades later there is no sign of any upturn and there is no cause to expect one.0
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If they are consistently producing profit and their assets exceed their market capitalisation there is plenty of reason for the price to rise to reflect that value in the long term.
The big worry is unknown debts and the fear of recession and at some point there was a fear of insolvency and bankruptcy. If you take a position then you are betting one way or the other, no big argument but theres always reasons0 -
Shares up 1.75p today to 334p
Sorry for the break in service yesterday, I was away.0 -
+ 0.75p this morning to 335.5p0
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-3.25p on the day = 331p.0
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HBOS isn't as bad as RBS then?0
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