Lloyds Banking Group Plc (LYG)

[Ripcord01]

I suspect that this stock has lost some momentum in the short term with the current earnings release. Look for a gap down to buy in at a discount to current prices. I think this stock will take a breather and give everyone a good entry point.

However, I fully admit I have watched this stock soar past 3-4-5 dollars without buying more shares thinking it has moved way too much to fast. So it won't surprise me if I am wrong and people really won't take the current earnings seriously.

This is because I think the stock is an attractive long term investment if your looking for one. In the long term it will pay off many times over.

I just think some steam has to be let out of this run for me to buy more shares at these levels and the current earning could provide this necessary release.