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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 - 14 Nov 2008 15:00 - 520 of 676

another new intra-day low today.



Chart.aspx?Provider=Intra&Code=RBS&Size=

dealerdear - 14 Nov 2008 15:05 - 521 of 676

I fully expected this to drop before the fund raising. Happens with stocks all the time.

The point being is the Gov is committed (or perhaps they should be) to 65p. I wouldn't think they could adjust it and as such as long as it goes ahead at the end of the mnth, then the sp will bounce back to 65p. There is probably a good trading opportunity in the next couple of weeks if you're brave enough!

skinny - 14 Nov 2008 16:13 - 522 of 676

Struggling to stay above 50p.

mitzy - 14 Nov 2008 16:50 - 523 of 676

In the 40's next week if this weeks anything to go by.

Fred1new - 14 Nov 2008 18:24 - 524 of 676

Anybody know the final date for uptake of offer? Literature from my booky doesn't state it, only the date that they want more money by.

Tempting to buy in the market

mitzy - 14 Nov 2008 19:26 - 525 of 676

Cant help you there Fred..

pericles - 14 Nov 2008 20:07 - 526 of 676

Cant help you either Fred,but it may be worth you and any others tempted by the low price to know that Bruce Packard, whose forcaste of 0p price for Bradford & B caused indignation at the time i think, is now forcasting RBS to go to 18p!!! this from todays Times (markets Business)

http://business.timesonline.co.uk/tol/business/markets/article5151402.ece

mitzy - 16 Nov 2008 16:03 - 527 of 676

Its getting predictable now with the sp falling every day I cant see them lasting much longer...and even 18p is too high.

janetbennison - 16 Nov 2008 20:10 - 528 of 676

mitzy I hold 5000 of these that I paid .80p for a few weeks ago. I have also read somewhere over the weekend that they could fall to the .18 pence figure that you have mentioned. If I can remember right the person who has predicted this figure was the same person who predicted the same sorted of prediction with northern rock and it came true, but this is just heresay. All the shares I hold just seem to fall weekly. The market is awful at the moment. When I think back about 10 months ago I was trading these at the 5 mark. This country is well and truly going down hill very fast. Try and hang on to some cash. I will hang on to these shares now. I am getting immune to losing money on shares as I am sure a lot of the others must be by now. Good luckI think we are going to need it.

dealerdear - 16 Nov 2008 22:35 - 529 of 676

Don't be influenced by the idiots janet.

There will be an excellent trading opportunity here but only when the doom merchants will have you believe it is the end of the world.

Keep calm and don't be influenced by self-opinionated glory hunters such as mitzy whose only interest is making money for itself at the detriment of others.

mitzy - 17 Nov 2008 06:57 - 530 of 676

Hi janet


That 18p target in last weeks papers has upset some people me I am just trading bank shares I like Barclays in particular I do not like Rbs but that is my decision...good luck what ever you do.

dealerdear - 17 Nov 2008 07:05 - 531 of 676

I never saw any target in any paper to be honest but I do know that most people on BB have their own agenda

john50 - 17 Nov 2008 08:01 - 532 of 676

lol

mitzy - 17 Nov 2008 12:09 - 533 of 676

Chart.aspx?Provider=EODIntra&Code=RBS&Si

mitzy - 17 Nov 2008 15:24 - 534 of 676

44p now and 42 in quick succession no doubt I hope you got out janet.

janetbennison - 17 Nov 2008 15:31 - 535 of 676

I am still in there. I am probably on my own now.

marni - 17 Nov 2008 15:34 - 536 of 676

what happened to that git fred goodwin

janetbennison - 17 Nov 2008 15:46 - 537 of 676

sounds like you have got out mitzy. What price did you vacate?

mitzy - 17 Nov 2008 15:51 - 538 of 676

I got out at 70p janet..good luck.

thefall - 19 Nov 2008 07:28 - 539 of 676

I believe these shares will trade back to 65p by xmas.
Stay in better still get more at these low prices
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