ANYONE KNOW WHY THE ROYAL BANK OF SCOTLAND IS SHOWING A SHARE PRICE AROUND THE 6.59 MARK WHEN IT WAS 18.00 OR SO THE OTHER WEEK OR AM I GOING STRANGE?????????????

Eric- agree long term should be ok but, lets see some management changes first. I recently dipped my toe in around 140p level with a view to increasing once we have seen some board changes. I am afraid it was a case of a bridge too far with AMRO.

correction 240p was purchase level.

Gus, I thought you were lucky! I took up my rights but sold my original time at they went X-rights and at the moment still hovering.

Well, its looks like a successful issue as far as the city is concerned. Fair bit of short closing going on I shouldn't wonder.

when do the nil paid stop trading? anyone

Selftrade told me 2 wks ago it was the 2nd June so that's how much they know!

New shares start Monday 9th so maybe nil paid stop Friday 6th.

Morgan Stanley have upgraded target to 280p from 260p stating the obvious that the rights issue has solved many of the problems. Also rumours swirling around of stake building from hedge funds with high demand to purchase the rights. sp 244p

well they got it wrong then.....just like stupid hedge funds....whats new though!!

At least this has sorted out the men from the boys - comparing RBS with HBOS. Good demo of financial muscle compared with naivete. Not sure who would want to take HBOS on but there will be opportuntiy for RBS to strengthen position in sector. Eric

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/12/cchbos112.xml

spanish dago called santander may buy over hbos......it calls hornby a novice....just what i been saying on these threads all year.....i cant believe theres been no posts about hornby.....he's a novice, a crook in inside dealing....he's being paid a fortune and has no experience! unbelievable.....its people like him that give capitalism a bad name.....i'm starting to believe that we should go communist

My target remains 150p in 12 months.

seems a bit severe mitzy.....i'm thinking of 190p or thereabouts.....i reckon rbs is strongest of all banks and only a decline in line with market will drive it down.

Its my target from early March scotinvestor.

RBS 202p at the moment, this could see sub 200 today, if this happens I will take my first nibble.

I'm sticking with 150p spitfire it still has another 25% to fall.

Nothing would surprise me in these markets, but happy to buy in 4 parts starting today hopefully. At 201 now, so getting closer.

About time Fred packed his bags.

nothing compared to hornby.....who still buys housebuilders!!! and he does other deals that we dont hear about....whole of hbos should be jailed let alone sacked.

mckillop is one that should go as he has no banking experience.....its not a business as hornby puts it....its a bank which is totally different

purchased this morning at 197, next purchase target 155.

I reckon thats the best stategy spitfire.

Mind you they may go sub 100p at some stage.