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Bad start to a bad week for anyone shorting this share, knowing that the combination of the BOE Monetary Policy Committee potentially reducing interest rates, end of week data likely to show the headline inflation rate dropping like a stone and the share buyback continuing at pace means that holding short positions will like catching a rising knife. Your call, but a foolhardy one this week.
Also anyone holding a short will also need to pay my Dividend here this month ;-)
SUF
Also anyone holding a short will also need to pay my Dividend here this month ;-)
Well we all know of 1 on here holding a short open . Time to pay up :-)
Higher they go Harder they FALL....IMHO
Morning All
What a cheerful chap you are market-dealer - you may well be wrong this time around
Imaright testicle
Off to work posting rubbish all day on lloyds bb
"Higher they go Harder they FALL....IMHO"
Well you got that right with ARGO Resources.
Market trader
Respect for still posting mate
How big is your short position on Lloyd's Banking Group shares ?
Out of interest how long are you allowed to hold short positions, I know brokers lend our long term shareholders shares they hold on their books to short traders, but it must be bigger holding long term as I believe you have to pay the Dividends on the shares
Sorry must be a pain to hold a " short long term not " bigger "
Bloody auto spell
Right outcome later in the week might do the job
SUFC
Wasting your time mate. All you will get out of him, if indeed he does respond, is..."read the thread....cheers - IMO - DYOR"
Suf
''Out of interest how long are you allowed to hold short positions,''
''I believe you have to pay the Dividends on the shares''
He hasn't borrowed shares to sell.
When he stated that he was ''Shorting @ 50.59p'' this was a SPREAD BET where you can open a 'sell'.
On such a bet the dividend would have been paid by him on XD day with IG.
Fakey
''The worst is yet to come 34.5p will be seen in 2024''
Suf, £1500 pp......Cheers
Ricky - I think I can hear his pi55 boiling from here😂😂😂
He who laugh 😃 Last etccc...imho
Endless losses possible on an open 'sell' SB.
Lloyds now close to 54p
54p broken - need A LOT more sellers for the buyback not to be paying ever higher prices, but it is a win/win either way
MD
the laugh may end up being a hysterical one.
"need A LOT more sellers for the buyback not to be paying ever higher prices, but it is a win/win either way"
You read it here first folks, it IS a win win !
Well done to those locking in 14-15% + total yearly returns from purchases only 3 months ago.
Goodbye to those looking at the current price level to exit an investment that they consider has been ***** ****** ****** etc etc etc
Wait and See...IMHO
Wait and See...IMHO
Fakey
Many investors have waited to see - they have seen the share price rise from about 41p to the current 54p in less than 3 months.
You have an endless 'wait and see' -
''The worst is yet to come 34.5p will be seen in 2024'' - rolled over from 2023
Market cap still only £34 Billion
Lloyds has to be one of the cheapest shares on the market an absolute bargain at current levels. Still at pre brexit and pre covid 19 levels with ftse 100 at record highs Lloyds share price should be a lot higher especially with all the buy backs & BOE base rate at current levels. Imo
This bank is turning over £BILLIONS generating big profits and the share price is still under pre covid 19 levels.. It's time for a few days of positive up tick in the share price...