Member Info for Seifert

Your points have been noted for some times now, if you read any sociological texts. The real rut in terms of productive capacity of people, their willingness to work hard, to learn a trade or skill that adds to the real economy, this was all degraded under Thatcherism (recall her mantra that there is no such thing as society). When debt replaced prudence, and was encouraged by governments, and capitalism became financialization, then everybody simply toed the line, no one effectively resisted the industrial gutting of the economy. We are living with the aftermath of unintended consequences. When money can be printed out of thin air, interest rates crushed, and negative yield increasingly become the norm, what exactly can be said to carry value? Gold? Land? Certainly not financial assets which are become horribly distorted, mispriced and, indeed, changed out of all recognition with the lumbering addition of all the derivatives that use stocks and other assets to price and collateralize more financial assets. If we remained in the EU, there would be a reckoning. Outside, there will be a reckoning. Either way, something will have to give. We have to return to a market based on something more tangible than city crooks, mediocre TV, pop stars, and crass movies. Let's hope the reckoning does not lead to any kind of war, but only a crises where the zombies are shredded and a new viable market emerges. Good trading!

People really ought to be wary here. This company is a bubble bulked up by speculators trading ETFs, CFDs and other leverages products. If it ever came close to making a return, the militant workers, especially in its core markets in South Africa, will demand part of the pie, thus ensuring margins will always be squeezed, its operations compromised. I only short and am in again here with a short. This is the fifth time. In my estimation, it is a company running on a broken model (like Tesco). These are relics, like light from a dead star. It takes time for the event to reach you eye due to the finite speed of light, but just as bubbles always burst, dogs always wail, the hue and cry heralding their extinction. Good trading to all rational punters!

I stand vindicated. I closed my short today and took profit (here and in that other dog TSCO). You really must resist any form of emotional or sentimental attachment to these 'poker chips', because that's all that shares are, poker chips. It is the big boys who have embedded that attribute, not I. But I do intend to profit from whatever these corrupt blackguards do, because there is no one to sanction them, and you either join them, or get left behind. Good luck to all rational traders.

Play the speculators's game. This company, like many others, are cracked and the only glue around is wishful thinking that debt can transform itself to capital.

I agreed, the company has merits, both intrinsic and extrinsic, and performed well under the stewardship of Mr. Walsh. But this is a market place run by, and for, speculators in the main, who kick the price around and pay minimal, if any, heed, to fundamental particulars. I personally am done with looking at 'fundamentals' per se and see stock prices as poker chips, not real assets. On that basis perform just as well as those going long.

There's little appetite for shares, and bank shares in general, until the big investors can figure out what 'lower for longer' means for all asset classes. Other companies have been borrowing at these crazy low rates to undertake share buy backs in a monumental scale. For RBS, all it can do it ride any wave within which it is packaged (ETFs, CFDs etc). It's not a 'lone' player, but part of a package, in my view. PIs committed here at a higher level are more or less in thrall to these trends (at least for the time being).

Like every other major miner, AAL became a 'China play'. It was the first to take a hard cold look and realize that that game has more or less played out, and now it's re calibrating itself as a more of a 'precious metals' play, with rare earths etc as a significant adjunct. There is only one force that can carry this credo through to success - luck! Not everyone is going long on this, and I've shorted it 3 times and looking for number 4. What I really want to figure out is the 'big one' when the short stake will be more outsized (for me). Good luck to you, and we play the game the way we see fit.

There are issues with this company that, if not chronic, then are at least systemic that a mere change of CEO will not in itself resolve. This change at the top has all the elements of corporate redundancy. I will watch this for a while yet.

Here we go again! You not only betray yourself, but you mock yourself by kidding yourself and others that you are on target, and trying to insinuate some emotional or psychosis that is motivating my posts. I saw some of your past posts, full of a wide eyed conviction that RBS would hit 300p by October. Is that still your view? This, and other boards, cry out for a counterpoint to the dreamy prognostications of stakeholders who will not face reality - that this company is hobbled. Past CEOs (we all know who that arrant swine were) hobbled it, and the counry too. That's is whom you should be directing your angst, and while your at it, you would be advised not only to desist from looking in the rear view mirror when you invest, but look in the mirror at yourself, becuase success starts with that. And from what I can see, you have a long road to travel, full of rue and dissapointment. - As a corollary, people mocked me becasue they were wrong, afraid to be proved wrong, and resorted to these puerile slurs and diatribes because their confidence as 'investors' took a hit, and they subconsciously thrash out at anyone bearing truisms, or hitt out ay any mirror they may be forced to look into. Confronting your failure is not an easy game, especially when there is cash on the line. That's your story, and losses and errors will hit your confidence hard, you begin to doubt everythng you imagined, and you keep tripping up. That's where the mocking orginates, and that's where you're coming from. By trying to belittle me you are engaging in a self-conflicted effort to stem the blows to your own confidence by hitting out at me, and subverting your own conflicted self on me. I am a far, far better psychologist than you, and you can never beat me at that game. - Allow me to reiterate to those who peruse these posts: I am not invested here on in Tesco. I have repeated shorted Tesco but have no position at present. I have a rough idea (only my idea) of where the share price of RBS will move to, at which point I will take a (short-term) position. But my main hope is that people do take a hard, cold look at companies, those running companies, trends, and speculators antics when taking a stake here or elsewhere. Good trading.

What is the purpose of these boards? To post gleaning tributes to companies that people own shares in, have gone long and so they 'must rise' solely on account that you have invested here? No. They are discussion boards to thrash every angle, opinion, view and analysis that those voluntarily submit. In your purview, they should be solely for those who own stock and thus you will never rubbish it because, through superstition or otherwise, you want only positive points, especially if you are hooked in at a higher buy price than the current one. - Looked at in the rear view mirror, Tesco stock is a tremendous buy. But, buy, buy. Go look at the current posts of disillusioned investors who have baled out. Newbies buy in because they look in the rear view mirror, and read positive-only posts from people promoting it because they own stock. Recall the Yellow Pages fiasco when, looked at in the rear view mirror, and the price crashed through the rights issues level, people invested tens of thousands because 'This is Yellow Pages, and everyone uses Yellow Pages.' I recall people lost so much, even their life's savings, because they are investors looking in the rear view mirror. Well, I am long past that game. I now look at trends. And the trends inform me that Tesco will continue to shrink, RBS is lumbered with so much bad debt, litigation, and other issues and moreover banking has changed by online models and platforms, and its hobbled by low interest rate environment. People, especially newbies, who see their savings stagnate, peer at the stock market and wonder if it is not better to take their cash savings and put it into the 'rear view no-brainer investments, like Tesco, like RBS, like Barcs etc...' What a lot of these boards lack is balance. They are dominated by those who have stakes, and resent anyone saying anything to the contrary.. I put things in language that is sometimes direct, sometimes more subtle. But is is my fervent intention that new 'investors' not be blinded by staring into the rear view mirror, and take what interested stakeholders in companies have to say with a large dollop of salt. Ergo - I bet you wish you had not purchased RBS stock, and you look pretty stuck to me, and you may end up taking a loss. Well, some of us learn the hard way, as did I, burned because I looked in the rear view mirror and took notice of people like you. And I never forget hard lessons. If you wish to help yourself and others, stop looking in the rear view mirror.

The writing was on the wall, it has been written on the wall for many years past, yet 'investors' here wax lyrical on the prospects of this share (they look at the share price, not the bank per se). I was mocked for my earlier post, and then further ridiculed for stating the obvious - that some investors here will only open their eyes to the bright side, and when there is no bright side, then closed their eyes and imagine one. It is anyone's guess where the price of the stock will eventually settle. I have a number in mind, but I'll keep it to myself. Open your eyes and make your own informed deductions. Sometimes, the only way to learn is the hard way. Good trading.

Sure, but we are 'small' players, and it behooves us to consider the value of a company given that we may get trapped in a share for a period of time longer than we would like. RBS pays no dividends, is unlikely to do so, and it's legacy debts will weigh it down. There is a systemic problem with this 'dog'. I don't see anyone wanting to buy it. I feel it will remain a (majority) owned public bank indefinitely. The world as a whole is way over banked, and no question that the best days of RBS are far, far behind it. Your only consideration is not getting trapped in at a price the speculators may not visit again for a considerable time. Good trading.

I am constantly amazed at the reaction of some people over companies. Question, are you infatuated with this stock, or trading it to make money? Play the game up and down, just like the pros. You can go long until this 'dog' wastes away into oblivion, but the 'traders' just see it as a gaming chip. It's their space. It's their game. They will kick it around all the want, and there is nothing anyone on this board can do about it. Trade it, don't fall in love with it, because it will never love you back. Good trading.

Well what is there to say of a bank that overloaded on debt, was nationalized, and has no credible chance of being privatized any time soon, if ever. Content yourself with trading this dog not as a 'going' concern, but as a speculator's trifle, and you should be able to make some money. Good trading.

Well, well, well, how goes it? I've been away, to China and other places, but back since a few months. I see you're shorting this dog. Good move, but what point to stick it to this dog? I too am in a shorting-only mode at present, if I go long it is only for a very brief time, quick in and out. Because speculators are not rational human beings (are they human beings?) you have to pick a point that pushes against the absurd. So I have set a short on this dog at 650p. I also shorted AAL (twice) from 850. I only stayed in each time for a few percent because, again, you are up against mental cases gambling with other peoples money. Also, you have to bear in mind some companies, like the big miners, are bundled up in ETFs, bond valuations, and other 'inputs' including currency margins that kick these dogs around some. - Good trading!

What's up with the moslem world? It's the religion, stupid. Ask any rational Arab or honest broker to peek into the minds of the brainwashed masses in the 'Muslim world' and probe what is the seed of that brainwashing? Religion.

I remarked many years ago that RBS will remain a state-owned company, and I think now, on reflection, that there's virtue in this as if there is another banking crisis, then its likely all banks will fall into state hands (the world over). That interest rates are still so low shows that no one in government or central banking has any idea what they are doing. Economics is a dead subject. I see banking become transformed via data networks and companies like Amazon, Facebok, ebay, alibaba, etc. As we move to all electric money and cash use declines, I really don't see what all the legacy banks are there for? If we are planning to put a critical and complex subject like medicine online, then banking is a trivial effort by comparison. I would be more impressed if RBS came out with a statement and said it was pursing a wholly electric platform, and take the lead.

A very nice rise if you managed to get in at 30 pence. But I still don't see this company prospering. I am never one to underestimate China, but having been there several times, I am not one to over-estimate it either. This company can only really soar within the European space, that is, if Europe takes back some of its steel production. If you see that happening, from whatever cause, then it would be good to go long here. If not, then you had better get used to eating rice with chopsticks, because I don't see much beyond that. - Note, I am not invested here, but watching on the fence. And in my view, companies like this, well, you have to take on board politics far more than, say, Rio Tinto. Good trading all.

I would treat anything brokers say with a dollop of caution. - What's pushed the share price up is speculation. This company's heyday is passed. It cannot play the ''long game' like Rio Tinto or Biliton, say, it doesn't have the depth or range. The only viable prospect is for some company to take it over and 'flog off' the bits. The question is, how much is anyone willing to pay? And who will undertake such a challenge? If this was 2012, I would have guessed a Chinese firm. But that's not on the cards now, methinks, so it'll have to be an investment fund of some kind. I am wondering when to jump back in to take another short. These speculators can really cause a spike, so I am watching at the moment. Good trading.

Agreed, don't panic, but t would be wise to keep your finger hovering over the panic button. Good luck and good trading. - PS, I closed the short and just waiting to see what happens, so I have no position here at all. Those who have positions should bear this in mind. Those sitting on the fence have an entirely different perspective from holders (long or short).