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Lloyds Banking Group plc Message Board

  • timwerner14 timwerner14 Dec 18, 2011 1:16 PM Flag

    Where are other who bought at $6

    I got in at 6 and dont know what to do. Where are others who got in at 6 and what are they doing ?

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    • I bought 1k at 6 plus this dead stock since 2008... still hold it may be another year or two. Should sold it long time ago..

    • I thought it was a buy a $4. and still believe patience is required if you wish to hold for a profit. If you are frustrated, sell , take the tax loss and move on. In my opinion, things are just starting to show their is reason for optimism, but the road is still going to be bumpy. I see $ 6 to $8 by 2013 mid year.

    • I bought at a somewhat lower price. Very little - that is true. But I also did RBS UBS BCS and ING at their bottoms so I can't spend a lot on each issue. I will hold for a few years and then will see.

      Short-Term Avg cost basis/share: $1.52
      Date Acquired Quantity Cost Basis
      per Share Most Recent
      Market Value Cost Basis Unrealized
      Gain/Loss Unrealized
      Gain/Loss % Holding
      12/15/2011 152.0000 $1.52 $266.00 $231.22 +$34.78 +15.04% Short

    • I am a small time trader. I originally bought it at 2. sold it at 1.7; now bought again at 1.4. It is hard to tell what will happen in Europe, however I feel the name and England will hold it's own. Today Jan 2, 2011 you can read on Business that England is bracing for the worst... (from the rest of Europe). Also the boss at LYG that was on sick leave is back and made a huge buy recently. So check insider buying. I also remember in 1980 that C a.k.a. Citibank dropped to a buck and rebounded to 600 in the late 90's.
      I only have a small position here. Currently my biggest position is GSX
      Sadly, I sold NBG a.k.a. National Bank of Greece at about day they got bailed and shot up to 2.xx doh

    • Savour the agony of having been screwed by VB and ED Two of the best "I speak with forked tongue" experts around.
      They are in a class with Ivan Krugger (The match king))and Madoff. Both of whom went to prison
      May they rot in He$$.

    • You can sell and wait 30 days then buy back and take advantage of the capitol loss or buy something else like snv or crzby or dozens of other stocks that may rebound

    • You should sell now, wait for a rally, buy with optimism for $3, and then sell again, once the market turn red. This is a pretty good strategy, and I think you should be fine as long as you follow correct steps

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