Hello

I know its my decision but has anyone got any advice.

Shall i hold them till possibly friday or shall i dump now.

I bought @ 1.41 and at the moment can get 1.552

Will the bailout in america have anything to do with the share price?

D)face

Yes.

If you hold them, they may go up or down in value.
If you sell them, then afterwards they may go up or down in value.

Hope that helps.

You're getting a 10% return over a few days (I assume you bought recently?). Personally I'd take that and run.

All I will say is "don't get too greedy", and remember how volatile the shares you're dealing with are, you could be down 20% by tommorow, nobody knows.

I would suggest that if you have no idea what you are doing, what price to sell at, when to sell and need to ask strangers on the internet what to do each time the price of a share moves then you should stick to your knitting.

But since you asked my advice would be not to trade HBOS shares in the first place.

You're welcome.

Dump. Just a gut feeling though.

Sell.

If senate computer says no, 'cough'

Fall likely

They've now dropped to 1.42.

Did you want any more advice ?

Flip a coin.

if I were you i would sell. You clearly don't have a clue and should take your money and count your lucky stars you got out with your shirt.

Well... the Lloyds offer is 188p... but if that falls through you could end up nationalised and get nothing.

Interesting times...

Personally, if it were a small amount of money I'd gamble and hold, but if a large amount take the profit and run...

Well, at the time of writing they are at c175.00

Shows how much I know!

I would sell since you have made a profit. If you want to speculate on the bailout then I would buy Goldman Sachs. I would think they are likely to be one of the main beneficiaries of the bail out (since the US Treasury secretary used to be the CEO). A certain Mr Buffett is also speculating on the same outcome.

Sold@ 176

at least it was a good job you didn't sell yesterday.

May we enquire how many of these fine instruments of capitalist paper you traded in?

I was sweating like a pedo in the playground when they dropped down to 1.45 yesterday about 4ish

My lesson is you need the balls the size of melons. And also not be the PIG..

If you mean how many..

25,894

I hope you haven't already used up your £9,200 Capital gains for this year.
Not bad for a days (if very nervous) work!

I've done this before and for the next few weeks, boy are you interested in how the shares you've sold are doing, even though the're gone.

What ive learnt is..Set a target..

When it reaches the target get out..

Do not end up like the pig, SLAUGHTERED/GREEDY

2.00

Helpful, I'd say, but not entirely accurate.

If the shares are sold, the price will then go up.

If the shares are held, the price will go down.

This is in accordance with the financial principle known, I believe, as 'Sod's Third Law of Financial Actions'

I think I'll try and nuance this.

If you buy and sell then the shares may have gone up or down depending on when you bought and when you sold.

If you buy and hold they may go up and down and up and down etc etc or down and up and down and up etc etc

Looking at this way, it seems the choice is the individual's.

It's a long time till the merger I suppose.

....your current challenge is to decide on a safe haven for your retrieved capital and gain ....

I bought at 129p and sold too early yesterday at 166p but still made a 25% profit in 3 days.

Hindsight is a wonderful thing.

Make a decision and stick too it.

Consider yourself lucky. I'm still holding 1,000 shares bought at.....................ta dahhhhhh £2.5872. Looking at a current technical loss of 24%

Decided to keep 'em and just accept the Lloyds shares.

You win some........etc.


On the flip side my Barclays investment is showing a technical 34% gain Good thing I'm in it for the long term and prices only ever go up

I sincerely hope you are joking.

Anyone who buys £36K of shares in a company with a strong
risk of being nationalised and then asks advice on a forum
whether to hold or sell needs a CT scan to check if they
haven't sneezed and blown their frontal lobes out of their
nostrils.

"To buy shares because they are going up is the dumbest reason out for buying shares"
Warren Buffet.

Contrary to all logic....and counter-intuitively,
shares are to be bought when they fall....and if they fall further,
more are to bought (to offset the loss of the first lot).

Again, counter-intuitively, they are to be sold increasingly as
the price rises, especially if the price rockets.

This is "The First Law of Financial Actions - Protecting Your *rse Against the Market".


The Second Law is - never, ever take any advice whatsoever about your own shares.

I had a CT Scan a few yrs ago when i lost my voice but they didnt find anythign strange..Maybe go for another? lol
I went on the basis of one of lloyds major shareholders giving the green light towards the merger.

I agree it's risky but dont they say only invest what you can afford to lose.. I look at many banks being risky..Not as risky as buying stock and when they drop 10% im down over 3k but tbh its quiet enjoyable. Watching stock go up and down..Personally its a rush making money but a **** when loseing it haha

I just wish i bought in again this morning after yesterdays report of another major shareholder annonced they are all for the merg.

I think £2.50 next week..

100% downside, 25% upside is a very bad bet. Ultimately you will lose 100% playing those odds.

I was also told in life..Nothing is certain.

Its all speculation..

One will be right and the other will be wrong..

I stand by my principle.

When you buy a share it then goes down.

When you sell a share it then goes up.

Despite learning a hard lesson on a number of occasions, I convinced myself the other day that bank shares would recover dramatically when the American banker bail-out was approved. So, I lashed out and bought 500 shares in RBS. To be honest I'm not even sure what price I paid. They were 1.65 overnight but when I bought the next day they had already leapt to about 2.20 - and, convinced 'THE ONLY WAY IS UP! BABY!' - is about what I paid.

Needless to say they then dropped like a stone.

Some immutable law is at work. If I had not bought them, they would have gone up. As I did buy them, they moved down. I have the power to move markets, but I can never get on the right side of the deal.

Not true. Things in life which are certain include death, taxes and losing money on shares.

Oh, and HOUSE PRICES ONLY EVER GO UP! HA! HA!

I rather suspect you're missing the point entirely. Hey ho. Good luck.

lol

I thank you for your input. I understand what your saying it is a risk but i always look at shares being risky..
Im just playing about with what i can afford to lose.
I think your advising me that ive struck lucky and to get out while im up..

Tomorrows markets..BOUNCE AGAIN?

When do we find out if the HBOS lloyds thing goes ahead?

and what if it doesnt? Northern Rock again i presume.

As I said on another thread before...

I think the deal will fall apart - Lloyds will buckle under HBOS's wholesale funding and capital needs.

Now Government thinking about injection of public capital into banks, good opportunity to not let such a private behemoth be created.

Anyone guessing what this might close up this week at or even today.

Today i say £1.825