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Lloyds Rights Issue

From the four options I spoke of earlier in the week, I've gone all in with Lloyds (option 1) fully taking up my offered allotment of 1,037 shares at £0.37 a share. The rights issue gave me a reduction on current market value of about £0.16 per share or 30%, so I can't really complain, despite doing my darnedest in my most recent post. Our total holding of Lloyds has now risen to 1,811 shares averaged out at 0.4990 pence per share. So now let's wait and see whether the market has fully factored the rights issue into the current price...

Topping Up On Lloyds…I Think

Personally, I've always considered trading shares a very intimate process. I would do my homework, I would look at the market and I would decide, initially my entry point, and down the track, my exit point for any given equity. The timings were mine, the mistakes - of which there have been many - were mine, and even the odd windfall was mine. It was done to my schedule. I had no real plans to do any active trading this week. I was obviously going to keep my eye on the market in general, and my finger near the erratic pulse of...