Why is it that those who have got this country and the world in the mess it is today continue to do the same by creating false rumours that the bank will be nationalised. Does the government not have enough on its hands already with Northern Rock. What the government has proposed today may not work but atleast it is better than doing nothing, the collapse of these banks will effect every indiviual whether rich or poor!
It is time these indivuiduals who create this false sense of in security and doom be ignored!

What is the problem shorters?

This cannot bankrupt as the government started to support it similar to the way it supported British Energy at the time it was just 4p a share.
NOW CHECK THE PRICE of BGY.

Issue at 37p a share may look too cheap by September. This will be more interesting if shorters leave their position open.
Some of them gain over 1000% if close at these prices.

UP 3% TO 25.8p

Sell RBS and Barclays, says UBS


UBS cuts recommendations on RBS and Barclays to sell from neutral.

Broker suggests the market 'has yet to fully appreciate the substantial dilution in UK banks'.

i say buy as recovery is on its way and we could profit from just sit back and enjoy the ride

i say buy as well

UP ONLY 13% TODAY. LONG TERM BUY.

yes......10 years at leAST!!! LOL

I would say SELL as RBS's fundamentals for both 2009 and 2010 are challenging.

i find banks in general are a very difficult call at the moment ....... fundamentals may indicate sell, but momentum the opposite ...... certainly if you are an alert and active trader, following the momentum is actually the safer/better bet, though if you have decent profits, then realising at least some of it would be the most intelligent call of all

fundamentals are awful for banks but sp seems to be rising as market covers its ears to bad news now. next 2 years at least are destined to be bad and even 5 years probably be poor...........10 years time probably time to look at it as i said!

although maybe buy rbs as hyleo predicts sell, lol

Imo, trade RBS but don't become an investor yet.

Cynic, I find every share difficult to call in this atmosphere.

But the trends of the major banks are up.

Based on the charts they can go further.

I hold RBS, Barclays and Lloyds. But will use a trading channel and trailing stops.

how long will it be before they are aloud to start paying a divy again ? any ideas

after they have paid back the govt's 70% stake i would guess?
LLOY were allowed to sell shares at a reduced rate[on a % owned basis, in lieu of shares. If memory serves me right 40/1 @ 38p]
pse DYOR as my facts may be askew[though not deliberate]
Alex

Liked the email from advfn.
Title is "Could RBS reach 120p‏". I am sure you can find it somewhere.

150M traded today Cazenove puts them on their buy list is some news about to break? Time they sold some of their assets , like Barclays did recently?

Looking at 40p again.

lets hope they keep going as nice rise over the last few days, at last some movement in the right direction