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

skinny - 19 Jan 2009 11:34 - 602 of 676

In auction.

cynic - 19 Jan 2009 11:38 - 603 of 676

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

tomasz - 19 Jan 2009 11:50 - 604 of 676

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..

cynic - 19 Jan 2009 12:01 - 605 of 676

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

mitzy - 19 Jan 2009 12:48 - 606 of 676

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

Clubman3509 - 19 Jan 2009 13:06 - 607 of 676

Wow 42% down today

mitzy - 19 Jan 2009 13:11 - 608 of 676

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

robertalexander - 19 Jan 2009 13:12 - 609 of 676

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

Clubman3509 - 19 Jan 2009 13:13 - 610 of 676

19.10 and falling

mitzy - 19 Jan 2009 13:15 - 611 of 676

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.

robertalexander - 19 Jan 2009 13:18 - 612 of 676

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]

Clubman3509 - 19 Jan 2009 13:19 - 613 of 676

Mitzy why would you want to buy at 7p

mitzy - 19 Jan 2009 13:21 - 614 of 676

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

Clubman3509 - 19 Jan 2009 13:23 - 615 of 676

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

Clubman3509 - 19 Jan 2009 13:24 - 616 of 676

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

dealerdear - 19 Jan 2009 13:25 - 617 of 676

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

mitzy - 19 Jan 2009 13:26 - 618 of 676

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

robertalexander - 19 Jan 2009 13:29 - 619 of 676

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

dealerdear - 19 Jan 2009 13:35 - 620 of 676

I'm saying this exact thing happened when the Gov took a holding at 65p. The sp dropped to around 50p then recovered to 70p. I wouldn't buy till I see sentiment change but when it does then there is serious money to be made IMO.

Clubman3509 - 19 Jan 2009 13:36 - 621 of 676

Crazy 14.90 now
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