any comments, thoughts, on this stock.

annie - lousy answer! you are surely trying to make rather than lose money, and it is inconceivable that you will recoup these losses by hanging on ...... and my guess is that any 5m buy will be the closure of a very profitable bear position.

been told that this is going north bigtime tomoro and monday...could hit 400p...so have gone long at 100 a point...heard some institutions have closed their shorts

Cynic: That's a bit harsh ! Sorry if you are not happy with what is simply an honest answer . Best wishes.

may be harsh, though i think not, but then i always say it like it is .... why pussyfoot? ..... you profess an honest answer but seem unable to accept the honest response, and arguably (well hardly!) indisputable truth

What was your buy price maestro so I can follow your action.

bought shares when they were 300p , was thinking that this is the bottom, but i was wrong and i remember some people here exited that they bought them for 400p, well quick question: do you think that without big investor shares might bounce back just because smaller investors and few good news??

No.

The only question is at what price they will be bought.

NRK more likely to be split up, maybe between a couple of big banks, and retaining scaled down branches up north for the small loyal investers.

Are we going to see shareholders not cutting their loses, and looking at every piece of news though rose tinted spec's as was the case with SEO ?

Brand has been so badly damaged it's hard to see why any organisation would pay other than a v low price for all or a part. Once trust has gone, it takes a long time to rebuild.

with sp hovering around 180 as i write, this is beginning to look like a reasonable gamble, though that may be greed rather than common sense taking a grip

Northern Rock rejected JP Morgan emergency funding


LONDON (Thomson Financial) - Beleaguered mortgage lender Northern Rock PLC
turned down the offer of emergency funding from US banking giant JP Morgan Chase
& Co which may have staved off liquidity issues and the consequent run on the
bank last week, the Telegraph reported citing a source familiar with the
situation.
The company called in its relationship banks after it issued a profit
warning in June, but decided to reject emergency funding from JP Morgan, which
would have included around 500 mln stg as part of a wider solution proposed by
the US bank, the report added.
"There was extensive financing offered, albeit the management would have had
to swallow some unpalatable truths," the Telegraph quoted a source familiar with
the situation.
The rescue package contained some severe conditions, including punitive
interest rates, and Northern Rock may have had to sell off mortgage assets at
discounted values, Telegraph sources speculated.

Franky anyone dealing in this lot at the moment and did not have a stop loss in place wants there brains tested, sorry fernandesb.

Cynic: 225 of 240 : " Why do you continue to hold and not just bite the bullet "... Bit of an anomaly here with your above post (240 of 246) don't you think ?. Any credibility you had has been lost in my opinion.

I hold a small amount of NRK and also have been trading them. ;-)))

0930 sky news all about NRK

In at 181, risky but what the hell. railtrack shareholders still got paid 260p a share or thereabouts after they went into administration so who knows with the Rock? at least 3bn of assets in last a/cs plus a dividend next week... Even RAB capital are buying it. Looks like absolute floor of 100p with 150 more likely. Upside 360-450p(back of a fag packet stuff)

As for silly valuations of 1p, 6p etc, well that tells us everything we need to know.......shorters maybe ;-)

Markets overshoot, therein lies the opportunity.

The 6p figure came from Citigroup.
Hardly likely to be shorters trying to manipulate financail BB's.

Smiler - hello to you! bought a few of these this morning..... interesting times methinks....

Me TOO !!!

well, this will go one way or the other!