Johnny Storm Posted January 20, 2009 Share Posted January 20, 2009 As a website we are all great at condeming sheep and the general public's perception of things. Sheep are scared of holding RBS and other banking shares, general public think it could be nationalised. Real answer buy RBS at all time low?? Quote Link to comment Share on other sites More sharing options...
Guillotine Posted January 20, 2009 Share Posted January 20, 2009 As a website we are all great at condeming sheep and the general public's perception of things. Sheep are scared of holding RBS and other banking shares, general public think it could be nationalised.Real answer buy RBS at all time low?? No, that is what the sheeple will be doing. Quote Link to comment Share on other sites More sharing options...
slurms mackenzie Posted January 20, 2009 Share Posted January 20, 2009 (edited) No, that is what the sheeple will be doing. Bob in for the dead cat bounce? Then sell at lunch? I bet some people made a fortune doing this with NR. Edited January 20, 2009 by slurms mackenzie Quote Link to comment Share on other sites More sharing options...
OzzMosiz Posted January 20, 2009 Share Posted January 20, 2009 be VERY careful, only invest what you are prepared to lose. Be prepared to lose 100% in the worst circumstance! Quote Link to comment Share on other sites More sharing options...
Yorkshire Lad Posted January 20, 2009 Share Posted January 20, 2009 No, that is what the sheeple will be doing. No, as the shares will all be in public ownership next week as the government will be forced to mop up remaining bank stock as it will have lost so much value. Quote Link to comment Share on other sites More sharing options...
EmpiricalBear Posted January 20, 2009 Share Posted January 20, 2009 Keep in mind, RBS is getting to penny stock territory, so price will be very volatile in this last phase before nationalisation. A 10p stock has lost 10% of its value if it goes down 1p. As far as I know they don't allow halfpennies any more. It may not be as long as a week before nationalisation either. I give it until half past three. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 20, 2009 Share Posted January 20, 2009 Of course it's a buy it's a sound financial institution with no fundamental problems, very much like the UK economy. Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted January 20, 2009 Share Posted January 20, 2009 Quote Link to comment Share on other sites More sharing options...
AteMoose Posted January 20, 2009 Share Posted January 20, 2009 (edited) Perhaps, maybe, but the alternative view is If someone has a terminal infectious disease do you try catch it because they have suffered alot already? Edited January 20, 2009 by moosetea Quote Link to comment Share on other sites More sharing options...
Kyoto Posted January 20, 2009 Share Posted January 20, 2009 I'm in for 14k shares at 13.2 p a pop. Wish me luck! Quote Link to comment Share on other sites More sharing options...
DoctorJ Posted January 20, 2009 Share Posted January 20, 2009 RBS UP 17% TODAY Quote Link to comment Share on other sites More sharing options...
Kyoto Posted January 20, 2009 Share Posted January 20, 2009 RBS UP 17% TODAY 17% of shit is still shit! Quote Link to comment Share on other sites More sharing options...
porca misèria Posted January 20, 2009 Share Posted January 20, 2009 I'm in for 14k shares at 13.2 p a pop. Wish me luck! Tempted, though I don't think I'd flutter more than £500 on it just now. But not back home 'til tomorrow, and make it a rule not to access secure stuff whilst on the road Lloyds and Barclays look interesting from the point of view of a flutter, too. Quote Link to comment Share on other sites More sharing options...
Johnny Storm Posted January 20, 2009 Author Share Posted January 20, 2009 17% of shit is still shit! lol So every £1000 is now £1170. Good for a days work maybe. Quote Link to comment Share on other sites More sharing options...
greenshoots Posted January 20, 2009 Share Posted January 20, 2009 I just bought some (more) Barclays shares. Everything I read coming from Barclays says that they made money last year before write-downs. If they can avoid selling a share to the government they will be in a good position going forward. They cherry picked the best bits of Lehman in the summer for instance. Barclays P/E of 1.61 btw.. Quote Link to comment Share on other sites More sharing options...
Bobajobbob Posted January 20, 2009 Share Posted January 20, 2009 I bought at 11p and sold at 14p this morning. This is not a stock you want to hold in my opinion. Might be worth a cheeky on punt on Lloyds and Barc now. Quote Link to comment Share on other sites More sharing options...
Johnny Storm Posted February 19, 2009 Author Share Posted February 19, 2009 I bought at 11p and sold at 14p this morning. This is not a stock you want to hold in my opinion. Might be worth a cheeky on punt on Lloyds and Barc now. I just thought id bump this thread, when I started the thread RBS were around 10p, they are now at 20p , and peaked at 24.8p. The only down side? I didnt take my own advice lol Quote Link to comment Share on other sites More sharing options...
Injin Posted February 19, 2009 Share Posted February 19, 2009 As a website we are all great at condeming sheep and the general public's perception of things. Sheep are scared of holding RBS and other banking shares, general public think it could be nationalised.Real answer buy RBS at all time low?? Oh, I thought you were going to continue "...was about ten years ago and the perfect time to sell RBS was about two years ago" Contrarian behaviour is all well and good, but it doesn't enable arm flap flight. Quote Link to comment Share on other sites More sharing options...
Johnny Storm Posted February 19, 2009 Author Share Posted February 19, 2009 Oh, I thought you were going to continue "...was about ten years ago and the perfect time to sell RBS was about two years ago"Contrarian behaviour is all well and good, but it doesn't enable arm flap flight. Maybe in three years time, now will be seen as being the best time to buy! 10 Years ago , RBS was at 406, reaching its highest at 704 in Feb 07. It is not beyond belief that it could return to its pre boom levels, assuming it survives. (Big assumption) £10k bought in Jan would equal £400,000 if it did. £10K to me reflects years of savings, but I have a feeling in the future I will look back and wish I had bought now. Quote Link to comment Share on other sites More sharing options...
R K Posted February 19, 2009 Share Posted February 19, 2009 £400,000k bought in Feb '07 would now be worth £10k Corrected. Quote Link to comment Share on other sites More sharing options...
Johnny Storm Posted February 19, 2009 Author Share Posted February 19, 2009 I dont think you need to convince anyone on this forum not to buy at the top of the market. Quote Link to comment Share on other sites More sharing options...
DrGUID Posted February 19, 2009 Share Posted February 19, 2009 Buying a stock that's in a long downward trend towards 0p? Yes that's a good idea. Quote Link to comment Share on other sites More sharing options...
STRLondon Posted February 19, 2009 Share Posted February 19, 2009 the company is valued in the billions, but shareholders should be the first on the chopping block. Thing is, we all know that the govenment cant nationalise everything because they cant handle everything themselves, so eventually some of these doomed companies will survive. Thats why I own RBS and Lloyds shares, but in my mind, I have already written them off. Quote Link to comment Share on other sites More sharing options...
Johnny Storm Posted February 19, 2009 Author Share Posted February 19, 2009 the company is valued in the billions, but shareholders should be the first on the chopping block. Thing is, we all know that the govenment cant nationalise everything because they cant handle everything themselves, so eventually some of these doomed companies will survive. Thats why I own RBS and Lloyds shares, but in my mind, I have already written them off. I suppose the question in my mind is, is it going to get worse? (For RBS) I think really the government doesnt want to nationalise a bank. Having done a few already, I really think they wont do anymore. To me, I think if RBS can avoid being nationalised, and in 5 years time why shouldnt it be worth 400p again? The idea of a few thousand invested now buying me a house outright in 5 years time is very appealing. Quote Link to comment Share on other sites More sharing options...
bobthe~ Posted February 19, 2009 Share Posted February 19, 2009 I suppose the question in my mind is, is it going to get worse? (For RBS) I think really the government doesnt want to nationalise a bank. Having done a few already, I really think they wont do anymore. To me, I think if RBS can avoid being nationalised, and in 5 years time why shouldnt it be worth 400p again? The idea of a few thousand invested now buying me a house outright in 5 years time is very appealing. Well you can buy that bloke's bungalow for 50 quid now if your ticket wins Quote Link to comment Share on other sites More sharing options...
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