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

Stan - 08 Oct 2008 21:50 - 401 of 676

As a matter of interest what were the spreads like please?

dealerdear - 09 Oct 2008 07:30 - 402 of 676

It's not quite as easy as that. Most of the day I found I couldn't trade it at all. The volatility has wiped out retail investors. You could easily have gone long at say 1 and would not have been able to sell and collect profits. When the market was open to you again the price might have been 90p!

Stan - 09 Oct 2008 08:30 - 403 of 676

I feared that may be the case, but did you try putting in a limit order?

dealerdear - 09 Oct 2008 08:37 - 404 of 676

No I didn't. I didn't intend to trade but I was just putting dummy ones in to test the market. These sp's are extraordinary. I have just sold one that I already had (ENRC) and made money but all my instincts say to day trade the market atm would be suicide and a loss of a great amount of money!

Stan - 09 Oct 2008 08:45 - 405 of 676

"all my instincts say to day trade the market atm would be suicide and a loss of a great amount of money!"..I wouldn't argue with that DD.

mitzy - 09 Oct 2008 08:54 - 406 of 676

I disagree this is the greatest penny share trading share ever.

tipton11 - 09 Oct 2008 12:01 - 407 of 676

very difficult but managed to buy two lots and unlike my usual deals am still in [minor] profit ... at this price must be a bargain, but sadly no more cash available.

mitzy - 09 Oct 2008 12:22 - 408 of 676

Buy @90p sell 115p thats 30% profit.. easy money..


Yesterday 70% so thats 100% in 2 days.. .

Clubman3509 - 09 Oct 2008 12:45 - 409 of 676

BUY 9 Sell 11.40 = profit 2.40 no dealing or tax costs included enough for a free Latte in Starbucks Friday, that is if you have the voucher from Moneysupermarket.com

ateeq180 - 09 Oct 2008 14:24 - 410 of 676

its stuck at this range now,may start to move once the usa markets open.

Clubman3509 - 10 Oct 2008 10:33 - 411 of 676

RBS now at 79p scary

mitzy - 10 Oct 2008 13:48 - 412 of 676

Steady at 79p funny that.

2517GEORGE - 10 Oct 2008 13:55 - 413 of 676

sssshhhh.
2517

Clubman3509 - 10 Oct 2008 14:08 - 414 of 676

78 now. Could tank when the USA opens unless Bush has something great to say at 10.25

nkirkup - 10 Oct 2008 15:39 - 415 of 676

May also hit 1.5 after Euro meeting this weekend, who knows in this game

MOTORZONE - 10 Oct 2008 15:47 - 416 of 676

Is it worth a punt at under 80p or is it likely to go even lower dare I say it?

2517GEORGE - 10 Oct 2008 15:56 - 417 of 676

I thought we all had 20k invested in the banks, can't wait for my dividend. Oh! forgot there aren't any.
2517

mitzy - 10 Oct 2008 15:57 - 418 of 676

Who would have thought the FTSE at 4000 and RBS at 80p...it could go lower if the FTSE falls to 3500 but who knows.

Clubman3509 - 10 Oct 2008 16:26 - 419 of 676

Wow 69p now

dealerdear - 10 Oct 2008 16:29 - 420 of 676

+8pts in 2 mins
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