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The Royal Bank of Scotland Group plc Message Board

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  • rexobXIP rexobXIP Apr 2, 2009 4:05 PM Flag

    Why are the RBS Pref tanking?

    Pretty disturbing.

    Down nearly 20% from the intraday high. These things are tanking. Seems like heavy volume... lot of people getting out today.

    These things are a tease. Every time it seems they are getting some traction, they melt down.

    Badly underperforming the common the last few months (when in my estimation they ought to be outperforming).

    Wonder how come (even with the insurance scheme) these are viewed as so much riskier than other troubled banks? Even BAC prfds have bounced back.

    I have to admit... I am losing patience. I'm holding, but I am not a buyer anymore.

5.205+0.015(+0.29%)3:55 PMEDT