GREY:ROAOF - Post by User
Comment by
eztwo1on Mar 28, 2009 10:57am
573 Views
Post# 15878869
RE: Question for those that think this is a done d
RE: Question for those that think this is a done d
MDJ, another good post that highlights alternatives that may not be readily apparent to most.
Pressure is DEcreasing for RBS to jump as quickly as possible as a result of banking assistance as well as increasing oil prices and a potential economic recovery. Plan "a" seemingly comes close to throwing the baby out with the bath water; whereas, plan "b" MAY allow for the "baby" to be kept.
I totally agree with your suggestion that there may be something else going on in terms of a backroom deal... it doesn't seem reasonable with a potential recovery perhaps at hand that investors would take such a direct loss. Is there supposed to be a better investment coming soon into which they will place their money? Will RBS only deal from now on in guaranteed mortgages only? I don't think so....that's why I'm holding. Of course, my hope is that my part "B" will bear fruit with OILEXCO being included in some way in the backroom deal....it is at 11 cents and admittedly the odds don't look good, but OIL, in the past, paid off... maybe again? That's why we're here.