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?????????????
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
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!
Stan
- 09 Oct 2008 08:45
- 405 of 676
"all my instincts say to day trade the market atm would be suicide and a loss of a great amount of money!"..I wouldn't argue with that DD.
mitzy
- 09 Oct 2008 08:54
- 406 of 676
I disagree this is the greatest penny share trading share ever.
tipton11
- 09 Oct 2008 12:01
- 407 of 676
very difficult but managed to buy two lots and unlike my usual deals am still in [minor] profit ... at this price must be a bargain, but sadly no more cash available.
mitzy
- 09 Oct 2008 12:22
- 408 of 676
Buy @90p sell 115p thats 30% profit.. easy money..
Yesterday 70% so thats 100% in 2 days.. .
Clubman3509
- 09 Oct 2008 12:45
- 409 of 676
BUY 9 Sell 11.40 = profit 2.40 no dealing or tax costs included enough for a free Latte in Starbucks Friday, that is if you have the voucher from Moneysupermarket.com
ateeq180
- 09 Oct 2008 14:24
- 410 of 676
its stuck at this range now,may start to move once the usa markets open.
Clubman3509
- 10 Oct 2008 10:33
- 411 of 676
RBS now at 79p scary
mitzy
- 10 Oct 2008 13:48
- 412 of 676
Steady at 79p funny that.
2517GEORGE
- 10 Oct 2008 13:55
- 413 of 676
sssshhhh.
2517