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?????????????

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.

dont be ridiculous!!

if rbs is even a quid, then all small and medium companies will be 1p or less

i'd love to see all the housebuilders go bust mind you.....great to see them bleating after just one poor year when they had 16 great years....what have they done with all the money from the great times they had

Agreed. What stupid management.

If no other than King Tom Houggard says we're gonna bounce from here in the next day or so whether it be a bear market rally or recovery then that is good enough for me. A good buy spitfire but forget 155p at least in the near future.

it might drift as market goes down during 2nd half of year.....but i believe most of major banks are about to turn corner....i reckon sometime this year there will be a bottom.....many r sorting their balance sheets out now but it means theres no money market...and gov aint helping by offering 9.5%

i'm not sure who is worse....the gov or banks....ach, i do know who is worse....;

The economy is being driven by hedge funds. The story today is that the EU are going to stop the speculators driving up oil. Let's be honest, if you can make a sure million why worry if you send the economy into recession.

Once governments stop the oil price rise, inflation problems recede and the SM recovery will start. I don't particularly like intervention but if it stops Capiatalist greed from faceless people I'm all for it.

The UK economy is stagnant for the time being RBS is under pressure to stay afloat builders still overvalued and banks too.

If RBS goes under then all banks, builders, car sellers and most retail will go with it.

If you believe in Armageddon and the end of the world then fair enough. We all might as well go and shoot ourselves!

If you believe that the world will survive then RBS will be trading long after I've gone.

i was told by rbs manager recently that if rbs went bust then uk is bust too virtually and is finished......each person will have to pay at least 40k or 50k to keep rbs afloat

With the financial markets as they are the only way I can see any company being fair value is if it's NAV is equal or above it's given sp market value, and then that only comes into play in certain situations, IE usual company dealing changes. With the situation as it is at present, the so called best companies within the market could fall lower than present price.
Over the last few months on this and other sites, we must all have read hundreds of posts stating 'now is the time to buy, this companies sp is now a bargain, it can't go lower' and so on. Most of these companies sp have continued to drop.
It's either a brave man or a fool to try and call the bottom yet.

Its too early to call the bottom in the current world come back in 6 months.

u mean we should all leave uk.....good idea mitzy, i think its just the foreigners that want to stay here

Thats a great idea..

i was told that for every brit leaving, 2 gypsies/thieves etc come into uk....so if about 40 million brits leave, that means 80 million more thieves etc come here.....so when u come back, all the shops will be raided etc

It is pretty obvious if you look at volumes that share prices are being marked down by mm's, and shorters are using cfd's etc to push prices down. Eventually the FSA may wake up and freeze all short positions, then some sanity may return to the market.

The most sensible thing I have heard on these boards for along time.

It is blatantly obvious that sp's are being deliberately manipulated downwards particularly in all of the small stocks. Hedge funds and MM's have the power to destroy companies and it is about time there was intervention to stop it before the world rolls into complete recession.

According to The Daily Telegraph,the EU are looking at the financial shenanigans of the markets, and using the existing laws of competition. They are discussing ways of banning the practice of borrowing shares to short a market, due to the speculation that is occurring in the oil industry.
As long as they don't go and make these markets as open and above board as the EU itself. Talk about pot/kettle/black.

so they will wait till banks are ....and housebuilders go bust....and shops, supermarkets go to very cheap values....airlines r knackered,,,,....pharmas r disillusioned.......

i think prozac shares are only ones to invest in.....oh and undertakers when folk commit suicide....that and getting murdered in this country

Yeh say hello and wave goodbye.

Christ if this carries on we'll all have to move to Scotland...