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ROYAL BANK OF SCOTLAND (RBS)     

cashcaptain - 09 May 2007 13:23

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

mitzy - 07 Oct 2008 21:08 - 385 of 676

I guess I was right with my 99p then..lol.

scotinvestor - 07 Oct 2008 21:36 - 386 of 676

nah u were wrong mitzy......i said why didnt u predict quid or 95p etc........its 90p......so u were too optimistic.....10% out already.

mitzy - 07 Oct 2008 21:38 - 387 of 676

That depends if you support Celtic or not ..lol..

scotinvestor - 07 Oct 2008 21:39 - 388 of 676

good god no......wish they pee off back to ireland

Dil - 07 Oct 2008 23:06 - 389 of 676

Is mdx a bank or a builder scotty ?

dealerdear - 07 Oct 2008 23:21 - 390 of 676

Christ scotty I feel sorry for you mate. You have so obviously been very badly burnt by the SM crash, hence you're denial which shows thr' your ramblings and 'it's the end of the world' routine.

Eventually the world will recover in some shape and form but I suspect you will be many thousands lighter. Don't worry about it, you're not on your own.

Clubman3509 - 08 Oct 2008 07:23 - 391 of 676

Looks like banks will take a hit again today.

dealerdear - 08 Oct 2008 07:27 - 392 of 676

still awaiting news of this package.

Clubman3509 - 08 Oct 2008 07:35 - 393 of 676

CEO and Chairman gone

dealerdear - 08 Oct 2008 07:43 - 394 of 676

no I don't think so although they should go.

Think Sky is reporting that but Gov has said not true. We will see

perhaps you're right cause Telegraph is reporting that

mitzy - 08 Oct 2008 08:06 - 395 of 676

Fred should have gone 6 months ago.

Factsonly - 08 Oct 2008 08:30 - 396 of 676

The government offer is a good thing for the wider market... it means smaller banks won't be scrambling around trying to find money. RBS should have sufficient capital to move through 2009 otherwise it would had sold its insurance businesses at rock bottom prices. (It has sold off Angel Trains, sold Tesco Finacne, many of its buildings, issued new shares... amounting to figures much higher than all of its write downs). Just glad this bail out facility is available, it will ensure greater confidence in banking in the UK and stop people mass-withdrawing and reignite crossbank lending... even though banks might not take it up. Best thing to do is for the banks to take up a few nominal pounds to ensure they retain the right to take up money next year.

mitzy - 08 Oct 2008 08:47 - 397 of 676

Falling down again I dont believe it..

justyi - 08 Oct 2008 13:02 - 398 of 676

Just fish some at 114p

XSTEFFX - 08 Oct 2008 20:05 - 399 of 676

Chart.aspx?Provider=Intra&Code=RBS&Size=
WHAT A DAY

mitzy - 08 Oct 2008 20:21 - 400 of 676

XST.

Never seen such volatility in a share on a daily basis..today you could buy @73p in the morning and sell for 122p in the afternoon for a 70% profit..not a bad days work.

theres money to be made if you dont mind the risk.

Stan - 08 Oct 2008 21:50 - 401 of 676

As a matter of interest what were the spreads like please?

dealerdear - 09 Oct 2008 07:30 - 402 of 676

It's not quite as easy as that. Most of the day I found I couldn't trade it at all. The volatility has wiped out retail investors. You could easily have gone long at say 1 and would not have been able to sell and collect profits. When the market was open to you again the price might have been 90p!

Stan - 09 Oct 2008 08:30 - 403 of 676

I feared that may be the case, but did you try putting in a limit order?

dealerdear - 09 Oct 2008 08:37 - 404 of 676

No I didn't. I didn't intend to trade but I was just putting dummy ones in to test the market. These sp's are extraordinary. I have just sold one that I already had (ENRC) and made money but all my instincts say to day trade the market atm would be suicide and a loss of a great amount of money!
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