any comments, thoughts, on this stock.

Pretty much sums it up, Harry

sorry cynic, I just got back, degzy1 understands, stick with him.

never apologise, especially to me - lol! .... i am def in here only for the day as goodness knows what the w/e press will have to say, be it good or bad

I've bought a few more this afternoon. ;-0

i dithered this morning so bought at 195 when could have got in well below that ...... only a fairly modest stake, and just a rather silly gamble

Indeed it is high risk, cynic. ;-0

The press is largely to blame for the collapse IMHO - looking at the accounts last year, did anyone notice an enormous hole? Of course not, because there isn't one -
+ The issue of savers queueing was largely Government posturing.

Now, the issue is what is a fair-value and can the Brand continue?

Perhaps we should ask the questions the other way round . . .
1) it will continue, since it will be able to find funds at higher rates - there is always a loan available at the right price.....so does this mean NRK is non-profitable? I dount this as the Bank rates appear to be reducing, firstly in USA and probably here, too. Furthermore, new property is still available at slight discounts so making the Mortgage more-affordable.

It will be interesting to see how this goes...but my money is on the Weekend papers bashing NRK....not for any good reason ( like they have been saying so for the past year!)...but simply becaause Press Freedon allows them to.

I don't think this is in the Public Interest as it undermines the saving, home-ownership etics of Society as a whole. Was it so wrong to fund home-ownership with funds from the cheapest source - of course not.....in retrospect they should have made them much more "variable" so large changes in the wholesale money-markets would protect the scheme.....and maybe that was where the Execs were at fault (if indeed this is the case, I do not know the fine-print)...

If wholesale money-markets rose again....would the government allow NRK to fail? I suspect the answer is yes, since they can see a clear distinction between an average Joe that invests 5k in a savings account and a Jack that buys 5k's worth. . . . personally I see no difference, both expect to receive dividends and one is trying to remove the long-term effects of inflation. No-one invests in Banks for a quick buck.

2) Now, what's NRK worth? - I find it difficult to suggest much more than 2 current sp. . . yet only recently (before the queues), it was nearly 8 - so maybe the 6 is all hype (or hope?)...or was it real...these questions are almost impossible to answer....just shows how Government Bungling can put paid to investments.

Ah well, time for the medicine, nurse. Two I think.

if "the press is largely to blame for the collapse", how can you then say NRK is now worth little or nothing "much more than 2"?

I think, as has become the norm in recent years, that hedge funds get a wee bit over-excited. At some point, however, they have to cover. ;-)) At the end of the day NRK are not bust as far as I know.

they may not be bust, but they're certainly a busted flush ...... and i was very naughty and did not close out this afternoon ..... deserve to get punished for lack of discipline but may get lucky

I also got in today at 186 and hope to get lucky..... Small stake only but worth the gamble I think...

right sort of price though 170/175 was briefly on offer .... 195 for me was a bit stupid, but may well get away with it

Good evening Cynic, confessions of a gambler.remember you saying similar re:TAN. Why not live dangerously- you obviously addicted to the adrenaline rush.regards lex;o)

one has to be a gambler to play with shares anyway, and anyone who professes otherewise fools themselves.

"one has to be a gambler to play with shares"

The confusion between "Risk Taking" and "Gambling" is a common one sadly IMHO.

Gambling only pays when your winning.

Stan .... elucidate please

Shares are not as risky as horse racing ect: you don't find many shares that you put money on at 2.30pm and lose it all at 3 pm. or on the spin of a wheel.

Look how many chances holders of SEO had of cutting their loses to name just one, ok then EEL, ARX, NRK....... don't remind of the ruin that was left of poor old GEC 12 down to 4p thats what price i sold at i can't believe how stupid i was .

cynic and all day traders I have lost out on this one quite badly. I bought last friday think they were cheap at 4.65. Sat on them over the weekend and on monday lost thousands. If you leave a stop loss and the price opens a lot lower ie approx. 1.65 lower. the broker will close your position at the lower price. The only way around this is to get a gauranteed stop loss. I have become a pathological gambler. To find out what this actually means have a look at website - Day traders and pathological gambling. I think you will all find this very interesting reading. the article is by Ken Search,LCSW., I thought this was excellent reading. It will only take you five mins to read this. and is very true on all comments made. let me know your views. Good luck all on monday. by they way, I did nearly buy all my nrk back on friday and double up, but did not. I did not want to put myself through the stress over the weekend after the last weekend result.

couldn't believe friday...went long thursday and up 20pts early friday only to crash back through my stop loss and end up 10pts down in about 3 mins...managed to buy long again at 183 and get some of my losses back but overall on the week about 50pts down...nevermind made it back with CART and SBT