Monday, March 13, 2006
Stock Tip Update: Barclays
This is an ocassional up date of the stock tip that I made in November last year regarding Barclays.(See the archived piece on 24 Nov called:Barclays - Is the Barc[ap] worse than its bite? Why be long Barclays?). I tipped it at 604p. Today it's approx 668p. Time to dump it or close any derivative positions. I really don't like the bad debt provisions or BarclayCard for that matter. As with all financial tips, I will add the usual disclaimers. Don't listen to me, I'm not trained as a financial analyst, bad with numbers and my stock recommendations are usually based on flimsy logic. Welcome to capital markets.
RB
RB
