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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 - 24 Oct 2008 15:35 - 488 of 676

Some say 28p will be the low but I'm not sure.

gibby - 24 Oct 2008 15:55 - 489 of 676

28p bargain - look fwd to it!!

spitfire43 - 24 Oct 2008 19:23 - 490 of 676

28p I would jump in at that price.

halifax - 24 Oct 2008 19:28 - 491 of 676

Scottish bank ripe for nationalisation beware the iceberg has not been revealed yet. LLOY would be well advised to call off the HBOS takeover otherwise they will end up in the same boat.

spitfire43 - 24 Oct 2008 19:49 - 492 of 676

I hear what you are saying, but at 28p could be a short term position, well definately maybe.

As for lloy I agree with the price difference between the two ever growing, the market is shouting it loud and clear. The deal needs to be called off now.

mitzy - 25 Oct 2008 09:08 - 493 of 676

Further 7 bill write down to be announced next week on top of the recent placing it doesnt look good to me ...I think it could fall to 10p.

cynic - 25 Oct 2008 09:37 - 494 of 676

when a strongly cap'd bank like HSBC can crash 15% while we were all asleep (thursday/friday), anything can happen

mitzy - 25 Oct 2008 10:40 - 495 of 676


GB will fully nationalise them.

I agree cynic HSBC is the best around and even they are suffering big time so what chance has RBS.. none.

gibby - 26 Oct 2008 20:29 - 496 of 676

well i've gambled - who knows what way it will go - tend to agree signs dont look good - how much more write down pre ri?? - i have heard 2B to 6B quoted by various - think i may need a holiday after these past few weeks!!

mitzy - 27 Oct 2008 08:03 - 497 of 676

Well its down again what a surprise.

cynic - 27 Oct 2008 08:14 - 498 of 676

and HSBC down a further 10% ..... same comment as i made earlier about same

Clubman3509 - 27 Oct 2008 08:21 - 499 of 676

Capitulation

What does it Mean? A military term. Capitulation refers to surrendering or giving up.

In the stock market, capitulation is associated with "giving up" any previous gains in stock price as investors sell equities in an effort to get out of the market and into less risky investments. True capitulation involves extremely high volume and sharp declines. It usually is indicated by panic selling.
Investopedia Says... After capitulation selling, it is thought that there are great bargains to be had. The belief is that everyone who wants to get out of a stock, for any reason (including forced selling due to margin calls), has sold. The price should then, theoretically, reverse or bounce off the lows. In other words, some investors believe that true capitulation is the sign of a bottom.

Could be near the floor, get ready to dive in.

mitzy - 27 Oct 2008 08:22 - 500 of 676

Ftse down 200 points is that correct the way its going 3000 by Friday.. a complete disaster.

tabasco - 27 Oct 2008 08:27 - 501 of 676

You are suggesting people dive into three inches of water from the high boardI am afraid I am blind .but I can see!

Clubman3509 - 27 Oct 2008 08:27 - 502 of 676

My cash is ready to buy, could be this week if the FTSE crashes below 3000 if it crashes to 1,000 you wont need any cash as it will be the end as we know it. Could be like Mad Max movie God hope the hoodies will not rule the UK.

Stan - 27 Oct 2008 08:30 - 503 of 676

Not if you have some cash it ain't Mitzy )-:

mitzy - 27 Oct 2008 08:44 - 504 of 676

Where is the bottom Stan..?

Stan - 27 Oct 2008 08:54 - 505 of 676

How long is a piece of string? truth is no body knows.

tabasco - 27 Oct 2008 09:09 - 506 of 676

How long is a skinheads haircut?

gibby - 27 Oct 2008 09:17 - 507 of 676

a # 1 !
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