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?????????????
As stated on another site, if we dealt with those who knowingly lied to the market, which includes many of our banks directors who openly stated that there were no more 'known' write downs due to all (again that word known) bad debt being declared, many would end up serving long jail sentences.
It is clearly apparent that although they did not know the exact figures, they mislead the markets with their blatant lies.
Don't hold your breath though, waiting for justice.
went in long yesterday albeit slightly over the 10.5 mark and just got out now at 13.6. Bit of profit in going long as well ! Althogh somewhat risky...
Its getting worse by the hour my stockbroker in the City Peter has told me they are openly talking this down to 1p or 2p by Friday... 40 years experience I listen.