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

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

Clubman3509 - 10 Oct 2008 14:08 - 414 of 676

78 now. Could tank when the USA opens unless Bush has something great to say at 10.25

nkirkup - 10 Oct 2008 15:39 - 415 of 676

May also hit 1.5 after Euro meeting this weekend, who knows in this game

MOTORZONE - 10 Oct 2008 15:47 - 416 of 676

Is it worth a punt at under 80p or is it likely to go even lower dare I say it?

2517GEORGE - 10 Oct 2008 15:56 - 417 of 676

I thought we all had 20k invested in the banks, can't wait for my dividend. Oh! forgot there aren't any.
2517

mitzy - 10 Oct 2008 15:57 - 418 of 676

Who would have thought the FTSE at 4000 and RBS at 80p...it could go lower if the FTSE falls to 3500 but who knows.

Clubman3509 - 10 Oct 2008 16:26 - 419 of 676

Wow 69p now

dealerdear - 10 Oct 2008 16:29 - 420 of 676

+8pts in 2 mins

scotinvestor - 10 Oct 2008 16:30 - 421 of 676

not much point with bank shares as no dividends.

we are going communist soon........most people wealth will be gone......and going to be long bear market.
so wealthy will be same as some uneducated chav junkie / alcoholic.

at least russia has educated people and streets there r clean and they have good immigration policy with their own people.
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