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

uk on its own, i am not sure, but on the global scene, i still reckon the economic bottom is not a million miles away, and that there will be some steadying to upturn in Q3/4 ..... it is not (quite) impossible that USA will recover very quickly - depends on the perception and actuality of what Obama brings ..... if that happens, then of course things will change dramatically and quickly ...... but if too fast, then US interest rates will have to go up, which will be bad news for debtor countries.

from our biz perception (loosely chemicals), USA has collapsed horribly, and Europe is pretty grim too, but India and M/E are still performing

As for going short, the problem is if this hammering continues then the Gov could at any time bring back the ban which will put one hell of a squeeze on those short.

In auction.

looks as though my rather belated short was not a bad idea!

just sold it
this post is enought for me:

http://www.investors.rbs.com/investor_relations/announcements/releaseDetail.cfm?ReleaseID=359621

..Warren Buffet ones said banks the last place to invest..
well..

am now in the fortunate position of (already) being able to put a stop at a level which will still leave a nice profit ..... if RBS continues to tumble, shall adjustr it accordingly

Please if you still hold sell now its worth between -7p and 7p.

Wow 42% down today

Incredible I cant believe it myself I imagined 27p today and now its 20p.. I have an order to buy @7p .

is RBS doomed for nationalisation/govt bail out or just very poorly with a minimal chance of recovery on its own?

19.10 and falling

Well according to Justin Uquart Stewart 24 hours ago he said it was it was de facto 100% nationalised ...it is still overvalued thats why I have placed a buy order @7p I wonder if it will get filled today.?

17p now wipe -out.

if nationalised/or to be nationalised in very near future.. wouldn't that make buying even at 7p a strange decision as surely the shares would be worthless? or am i missing something[probably]

Mitzy why would you want to buy at 7p

I'm not really sure Clubman it will be a small punt @7p bit like putting money on Red at Roulette.

18p now some short positions being closed and cashing in maybe.

AT least red gamble would give you a 50% chance not forgetting the 0 and 00

Don't be caught up in all this.

The government has never come out with proposals and then retracted within the next day or so. They will be left with a large holding at 31p and the sp will go back to that level at some point. This is simply a golden op to make money which people are taking

Yes a pure gamble but as Justin said liabilities outweigh assets so its 50/50 .

DD,
Are you saying that RBS is a buy[in your opinion] at at current SP with a target of 31p?
Alex