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Soc Gen

action jackson · 2008-02-11 11:11:43

worth buying ? just dropped share price 40%, in order to help them out of the "little" mess that happened on jan 23rd.

11-02-2008 11:11am

#1

action jackson

Closed Accounts Posts: 130 ✭✭

Join Date: January 2006

Posts: 83

worth buying ?

just dropped share price 40%, in order to help them out of the "little" mess that happened on jan 23rd.

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Comments

#2 11-02-2008 12:59pm

justfortherecor

Registered Users, Registered Users 2 Posts: 720 ✭✭✭

Join Date: June 2006

Posts: 690

Well if BNP or Credit Agricole decide to launch a bid it may well rise, but the fact that only French Banks will be allowed to bid for SocGen will lead to less speculation than would otherwise be possible.

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#3 11-02-2008 6:17pm

portomar

Closed Accounts Posts: 507 ✭✭✭

Join Date: August 2007

Posts: 484

if you search for northern rock, you'll find a topic which started off much the same, when it was at 115p. now at 97p. although there does seem to be a major difference in that NRKs problems were systemic and SGs seem to be non systemic. but i would wait for some upside before going near it.

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