Comments:Royal Bank of Scotland shares plummet

A mistake in this article is that the New York stock exchange was closed on Monday Jan 19th. The 10.33% drop referred to was in fact at market close on Friday Jan 16th.
 * Thank You, you are correct. The article has been corrected. Anonymous101talk 20:33, 19 January 2009 (UTC)

On 20 Jan 09 it is worth noting that  while the shares dipped to 10p at one point and good will writedowns are huge -  the bank showed it had    £ 285 billions of reserves ....while the Market Capitalisation dipped below £ 5 billions. Yesterday the markets reopened for shorting bank shares. Yesterday RBS   showed large writedowns  but sooner or later the bad loans will be written off or parked in a bad bank. When that happens - and the bank is properly capitalised, it is not unreasonable to assume the bank can return to its  2007/8 profitablility of £10 B.  Even if i half that figure in normal times -  The Bank has to be worth 8 times Profits -  £40Billions.

Common sense tells us that RBS [ with 2 US Banks, Nat West, Royal bank of Scotland , Ulster bank , Churchill Insurance , Direct Line Insurance, ABN Ambro and £2B  profit from sale of shares in Bank of China  + £27 Billions of Cash injected by shareholders in the last 6 months ] ....is surely worth more than £5 Billions.

If however the world heads for DEPRESSION rather than  RECESSION  then all bets on that have to be off. Meanwhile it is obvious in a nervous world that the shorters are kicking at an undefended goal and pushing us to mass panic. Unless the world wants DEPRESSION the world surely can not avoid it until Shorters stop or are stopped. Borderman —Borderman (talk) 15:58, 20 January 2009 (UTC)