any comments, thoughts, on this stock.

the 2.30 at Wincanton would have been a dead cert lose as there isn't any meeting there today! Or is that your point, cynic? :o)

no, but would have said same had i known!

Credit Suisse have bought 14,500,000
& now have over 3%

Starting to look very interesting at this level.

are investment companies like Credit Suisse and RAB allowed to short shares

NRK is not worth anything looking at its constant daily falls ranging fron 15-35%.

probably, depending on their internal structure etc

Looks like it is going to be a welcomed member of the '90% club' soon.

Citigroup say a worst case value of 6p, so perhaps the current sp is not so interesting

I think the word people are searching for is "Avoid" (shorters excepted of course) -):

Derwent - Credit Suisse reduced to below 3%
http://moneyam.uk-wire.com/cgi-bin/articles/200709201149401840E.html

once again the analysts are three months late - suddenly they know what they are talking about?????????? b*ll*x

and its almost for certain citigroup are short

This is such a sad situation. I only hope someone dare step in and takeover the company.
Each day for a week the doom has built and it'll take something of a miracle now.

Barclay's got Woolwich as they were about to crumble, it would be a nice way to retreat on their other takeover without having to look too defeated.

Banco Santandar may also want to leave the table and try o get the Rock it still has to be worth a couple of billion. Their rights issue will easily cover that and then the ECB will provide some funding forthe Rock!!!!!!

Ok I'll go for another lie down!!!!!!!!!!!!

No institution is foolish enough to step in unless they get it at rock bottom price. One who thinks it was rock bottom a few days ago at 400p will be disappointed today's close at 180p. By next week, NRK could be 80p or less!

Let's be honest no one has a clue what this business is worth at this point in time . It pains me to say this having bought 1000 at just under 5 a matter of days ago !

Sorry. missed..........

annie .... why on earth do you continue to hold and not just bite the bullet?

Try and define rock bottom. Is there more than one institution interested and if so price might not go as low as is thought. There seems to be good two way business at this level- perhaps closing bears - I dont know. I may be wrong but my feeling is that the banks may not wish to see shareholders in NRK totally wiped out as this may not help sentiment with the sector. Although a longer shot, NRK may be able to ride it out if money conditions ease but, of course with a change of management. We will see over coming weeks/months how things pan out.

Dont see why any bank would want to buy NRK whose business model is totally discredited. A so called bank based in Newcastle with 70 odd branches is hardly going to be a world beater. The Big Boys have effectively eliminanted an irritant in the mortgage lending market.

Annie, not to late to sell and short the stock, have made back 30% of my loss today and hope to get even in the next 2 days, meanwhile gold is the place to be.