HBOS shares

sabretoothtigger

hi Steven

i would be tempted to hold on to them unless they sell their australian Bank west set up
reason for this i live in Brisbane now and bankwest will make a substantial difference in profits over the next 12 months for the parent group
bank west has just starting setting up in queensland and is already taking market share in a very much expanding financial services arena in australia
with an expansion of financial services in australia in general coupled with bank west aggressively competing with the big 4 over here i believe this should flow through to group profits

i believe there is plenty of opportunity trading shorterm but would keep in mind long term potential
lets hope they dont start selling off arts of the business

:question:

setmefree

Share price 270.25 :eek:

http://www.youtube.com/watch?v=rZVlVgpghA4

tradetime

sabretoothtigger wrote: »

Just going to copy this up for info, I think this order is still in force. I got it from a spread bet company, I guess that would qualify as naked shorting and be affected even though we're in the uk.
Hbos is not included but I figure its related to trends effecting the price

This expired last week. HBOS was not listed because to the best of my knowledge it does not have a US ADR listing so naming it would be pointless.

sabretoothtigger

Ok thanks, I did hear about someone shorting fnm so that figures. I do hear americans talking about lloyds trading so I presume that is listed there somewhere unlike hbos

I think it may have applied because the backing company was american based so they could not take these bets

tradetime

sabretoothtigger wrote: »

I do hear americans talking about lloyds trading so I presume that is listed there somewhere unlike hbos

Lloyds trades on the NYSE.

sabretoothtigger wrote: »

I think it may have applied because the backing company was american based so they could not take these bets

Possibly, or simply because the SB firm would have been unable to hedge any large bet imbalance by shorting the underlying.

setmefree

Closing price 272.00

http://www.youtube.com/watch?v=LiDpMfEeo3Q

napoleon

down, down, down

agent_orange_2

napoleon wrote: »

down, down, down

I'm sure the holders of this share find you an amusing guy. Napoleon complex;)

booklover

ok to sell or not that is the question? I have 592 shares which I was given in the beginning.

I just know what to do except wait until they go up.....:(

setmefree

Share price 274.00

http://www.youtube.com/watch?v=Xv6lHwWwO3w