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Hbos



Bozza

Bozza

You can change this
Helpful Moderator
Jul 4, 2003
57,294
Back in Sussex
Anyone following the HBOS roller coaster today?

Started off nicely positive after AIG were rescued overnight, and then plummeted to around 96p per share meaning a loss of 90% on a year high of 990p.

Merger talks with Lloyds TSB for around 300p per share has emerged and the price has risen quickly to around 215p before plummeting again to 96p. I'm assuming the latter fall was a rogue trade or similar blip as the price shot straight back up to around the 200p level.

Absolutely amazing fluctuations for (what was such) a massive company.
 




aftershavedave

aftershavedave

Well-known member
Jul 9, 2003
7,156
as 10cc say, not in hove
Bozza said:
Anyone following the HBOS roller coaster today?

Started off nicely positive after AIG were rescued overnight, and then plummeted to around 96p per share meaning a loss of 90% on a year high of 990p.

Merger talks with Lloyds TSB for around 300p per share has emerged and the price has risen quickly to around 215p before plummeting again to 96p. I'm assuming the latter fall was a rogue trade or similar blip as the price shot straight back up to around the 200p level.

Absolutely amazing fluctuations for (what was such) a massive company.
Click to expand...

was discussing this with a dealer friend of mine about 8.40. jokingly i told him i was going to buy a slug of shares which was met with derision. go into a meeting and an hour later the shares have moved up 71% in an hour!

incroyable!
 




C

captainmorganrum

Wrexham
May 10, 2004
2,578
Sat with Dylan watching Phineas & Ferb
Looks like the traders are trying to force the price down, and the BoE are buying to keep it high.
Massive volumes being traded, up down, up down.

My wages go into my Halifax account - woe is me.
I'll need a whipround next month boyos!
 


M

Mr deez

Masterchef
Jan 13, 2005
3,543
Yeah, it's been madness...

Another LTSB rebrand, what sort of ridiculous name would they have with HBOS in the mix!
 




dwayne

dwayne

Well-known member
Jul 5, 2003
16,269
London
unbelievable stuff. My mates team on the volatility desk have made $80M in 2 days .... nice
 


Rusthall Seagull

Rusthall Seagull

New member
Jul 16, 2003
2,119
Tunbridge wells
Bozza said:
Anyone following the HBOS roller coaster today?

Started off nicely positive after AIG were rescued overnight, and then plummeted to around 96p per share meaning a loss of 90% on a year high of 990p.

Merger talks with Lloyds TSB for around 300p per share has emerged and the price has risen quickly to around 215p before plummeting again to 96p. I'm assuming the latter fall was a rogue trade or similar blip as the price shot straight back up to around the 200p level.

Absolutely amazing fluctuations for (what was such) a massive company.
Click to expand...

what the f*** do you know about finance!? stick to charity work, or whatever it is you do....
 








Uncle C

Uncle C

Well-known member
Jul 6, 2004
11,711
Bishops Stortford
dwayne said:
unbelievable stuff. My mates team on the volatility desk have made $80M in 2 days .... nice
Click to expand...

That means that someone elses pension scheme has probably lost $80m - nice.
 




























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