rightly or wrongly i'm holding this because i think the recent news (Deutshe Bank related) is just old news that will hopefully turn out to have been fully provided for or at worst already adequately discounted for by the current price.
As much as I hope your wrong I can't help feel if rates are cuts again in coming months, possibly to zero, who's to say where banking shares in general will go. I'm stuck in mid 300's and anticipate to be stuck for at least another 18 months save for averaging down !
Its the similar price 2008 from memory when it tumbled to 12p but I bought in at 18p and sold at 29p. Bugger, thought that was the high, but hey ho a profit is a profit, so all you doods out there dont sit on a profit and let it slip.
I will but back in in a few weeks/ months @ 14 but if I miss out, hey ho loads of other shares out there to cash in on so all you die hard RBSs dont get locked into a situation that itnmight take another 2/3 years to extricate yourself from.
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