any comments, thoughts, on this stock.

I think Cynic could be right in regards to the next direction of the price. It's often the case that when you think things can only get worse they in fact get better, and just as you think things are getting better, they suddenly get a whole lot worse. Two shares that spring to mind are Yell and Jessops. You can see in both charts how they bounced off the bottom from a big drop, but once the bounce was over the price continued South. Whilst all shares are different, I wouldn't necessarily get your hopes up for a large scale recovery. No doubt there's money to be made and lost for traders and gamblers though. :-) In my opinion.... Strawbs.

Looks like things have got worse!

Looks like things have got worse!

serves me right for not obeying the discpline! ...... is NRK really going to <100 or even <50 in double-quick time?

Hopefully people recognise from the charts posted above that when a share price falls by a large margin, it normaly continues in that direction, even if it bounces slightly on the way down. If you pick the bottom you might get a small profit from the bounce, if you don't it could be an expensive mistake. In my opinion.....

Strawbs.

I'm happy with Friday's purchase ATM. ;-0

Looks to have recovered some what. I guess without external events, it's now a battle of who has more money.....the bears or the bulls...

Strawbs.

Sumfin's up. ;-))

Looks like the shorters have turned on Wolseley instead!

Oh whats going on? lol

Hmmmmmm

Behaving like the Dow on a manic day

exception that proves the rule! ...... as it happens, totally wrong call to have cut my losses, but bounce unlikely to last as Strawbs says

Depends if there is long buying that will squeeze the shorters even more. We already know that some hedge funds have taken a longer view.

I may get some of these at 150p

Depends on whether there is other long buying by hedge funds that may squeeze the shorters further. Too hard to call.

the brave and fleet of foot could have made a bundle today ...... not me i am sorry to say!

;-0

Northern Rock confirms to pay H1 dividend on Oct 26
AFX


LONDON (Thomson Financial) - Stricken UK mortgage lender Northern Rock confirmed it intends to pay some 59 mln stg in dividends to shareholders next month, following a press report that it had taken legal advice on the payout.

A Northern Rock spokesperson said investors will receive a dividend for the first half of 2007 as scheduled on Oct 26. In July, the bank set the interim dividend at 14.2 pence per share, up 30.3 pct compared with the first half of 2006.

The spokesperson declined to comment on a Financial Times report that Northern Rock had taken advice on whether it was legally obliged to make the payment.

The dividend payment is scheduled six weeks after the lender was forced to seek emergency funding from the Bank of England after being hit by this summer's global credit crunch.

According to the FT, if Northern Rock decides not to pay the dividend, it is likely to announce the decision before Sept 28, as only investors featuring on the shareholder register by that date are eligible for the payout.

The bank affirmed its intention to pay the first-half dividend on Sept 14, when it first revealed that it had sought the BoE's support.

Northern Rock shares were up 0.36 pct at 194 pence by 10.35 am.

not now they're not! .... afer an early high of 221 (after opening at 163!), sp has now drifted back to 181 and still gently falling