It does seem that way. The 1% ups and downs we have seen on the major indexes really shows how volatile the markets are in today's financial system, mainly due I believe to modern technology, computer algorithms etc...
Rbs is clearly an unloved stock, all the better for investing. There will be a time when earnings increase, media becomes more positive and sentiment changes. No doubt with the usual herd mentality, people will then jump on the bandwagon causing the sp to drive upwards. Probably by then the sp will be quite a bit higher than these prices. Those who have bought in the last few years at rock bottom prices and have hung on will be rewarded with their patience. It is easier said than done granted, but best not to follow daily movements. The markets are just too volatile to make any sense of these kinds of ups and downs.
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