Short selling as you say different views... It creates volitilty ...... Along with profit takes and good and bad news....
Basically there is always a up and down movement in the share price several times a year... To capitalise on this fact ... You must buy and sell to have a chance of making money...
Of course nothing is perfect in timing and a loss can be returned to a break even or small gain over time.....
Those waiting for a 500p break even may well have an unknown waiting.. In the current climate and cash strapped instability for many....
Capitalism and money equals a bank driven society that has limited failure for the majority of big banks....
This share has been at 57p old prices. The past 2 years. And RBS was then in a worst shape than now... Most with limited ability to pre guess this price movement .. Just need to buy in at a big drop of bad news ... As a rise is normally followed afterwards.... In time to show a profit.... ...
I bought in around 26p old price at the begining of the year .. And in then dropped to 19p... It has taken 5 months for me to sell at a nice profit at 295p... 29.50p old price...
So now it's dropped to 281p ... Maybe a time to buy back in ... But as USA elections are about to happen maybe time to wait and see if after last weeks results ... And the elections to let things settle ... And buy in at a further drop or the next big drop .... There is always a big every now and again....
That's me and do not act on my say so... .. I
This is just my observation on how this share has performed the past few years.... And my way of thinking....
Do your own thing ... And good luck.... And only buy what you can afford to lose....
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