RBS going out of business after all ?

[moorfield]

This is a very cynical back-door nationalisation IMO. Allow the shorters back in, depress the price and take almost 100% in equity. Clever Gordon !!

Indeed. Looks like the shorters are having a go at HSBC today - it's about to dip below £5 ...

[BrilloPad]

Indeed. Looks like the shorters are having a go at HSBC today - it's about to dip below £5 ...

Is that per share or the entire market capitalization?

[d000hg]

HSBC is only down 5% or so. That's just a daily fluctuation these days isn't it?

Did anyone here take the plunge and short banking shares?

[Bagpuss]

So what happens when the share price (20p - was 40p a couple of days ago) reaches zero?

Isn't short selling back soon too?

[BrilloPad]

Isn't short selling back soon too?

Its already back. Started last FRiday.

[Bagpuss]

Its already back. Started last FRiday.

QED

[expat]

If the bank goes bust will I be excused the money I owe them?

[ace00]

HSBC is only down 5% or so. That's just a daily fluctuation these days isn't it?

Did anyone here take the plunge and short banking shares?

No - but I did buy Barclay's shares a couple of weeks ago.
Back in 1999/2000 I bought Worldcom & Global Crossing.
BARC.

[Cyberman]

Here we go !!!!!!!!!!!!!!!!!!!!!!!!!!

http://www.thisismoney.co.uk/investi...icle_id=467890

[moorfield]

I'm feeling like Sir Richard Mottram again... "We're all ficked etc."



Tins of beans are cheap down Asda's at the moment, but remember they've already run out of lightbulbs.