Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Swingers. I recently tipped Honkers Bonkers (HSBA) on this delectable website. Since then the share price hasn’t moved much.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
DUCK AND DIVE
“I will probably never buy any more bank shares”
——-
But you think we should…
Me, I’m never going to buy another AMA share but would y’all be kind enough to fill your boots?
Malcolm Stacey
Morning Duckers. I think if you knew just how many British bank shares I already hold, you would understand if I did not buy any more. Luckily, it does not matter how much I suggest others buy Honkers Bonkers. As far as the huge banks are concerned, any encouragement I give to buy shares will not make any difference to the share price.
alcira16247
Malcolm
Even an Conservative government feels its necessary to re-introduce some mild banking reforms and regulations to safe guard the future of the British people, against a recurrence of the disgusting excesses of the banks, culminating in the crisis of 2008.
In response HSBC directors charged management with….. “look at where the best place is for HSBC to be headquartered in this new environment.
For the sake of these Multi – Millionaires Directors futures, we should all hope, that if they decide in relocating to Hong Kong, the Peoples Republic will take a similar lax attitude to their responsibility to alleged Acts of Criminality as the British government does!
“HSBC chief rejects direct responsibility for bank’s criminal activity in Switzerland” …… French and Belgian authorities’ allegation that HSBC engaged in “serious and organized tax fraud.”……….“systematic and profitable collusion in serious criminal activity against the exchequers of a number of countries.” etc etc etc !!!!!!!!!!!!!!!!!!!
The very thought that such stalwarts of the British banking system as exemplified by Chief Executive Stuart Gulliver and Group Chairman Douglas Flint would possibly be risking years in a Chinese prison fills me with horror!
However, I don’t think decent folk ought to support such organisations or the ‘crooks’ that run them, in the first place!