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Northern Rock (NRK)     

irlee57 - 13 Aug 2007 09:03

any comments, thoughts, on this stock.

driver - 24 Sep 2007 12:05 - 330 of 1029

Going down fast.

driver - 24 Sep 2007 12:10 - 331 of 1029

375k sell at 175p either lost a lot or made a bit.

Fred1new - 24 Sep 2007 13:23 - 332 of 1029

I know my heart needs exercise, but not that associated with this price movement.

I think I will sit back in a chair and think what a healthy walk would do for me.

Guscavalier - 24 Sep 2007 13:57 - 333 of 1029

Already had mine Fred1new, 2dogs,3 miles and fresh air. I recommend it. You will come back with a new outlook and ready to go. lol

hlyeo98 - 24 Sep 2007 16:01 - 334 of 1029

174p at the moment

driver - 24 Sep 2007 16:17 - 335 of 1029

160p at the finish or will it rally again.

Big Al - 24 Sep 2007 16:32 - 336 of 1029

170p is the floor for now IMO. the drop through first thing was a false break.

I fully expect things to change over the next 2 days. ;-))

cynic - 24 Sep 2007 16:33 - 337 of 1029

good politician's answer!

Big Al - 24 Sep 2007 16:40 - 338 of 1029

xd and all that cynic.

Big Al - 24 Sep 2007 16:44 - 339 of 1029

PS - apart from first thing today, there's been heavy buying when she gets in the 170-175p range since she first dropped down here. Get yourself an intraday 5 min chart and look over the volume histogram. I mentioned this on the traders thread on Friday.

This morning's false break as low as 163p was a raging buy and the volume which overshot the thing north was impressive.

There's still good money to be made long, let alone if you can work it both ways. ;-))

halifax - 24 Sep 2007 16:46 - 340 of 1029

Keep trying to catch the falling knife!

Big Al - 24 Sep 2007 16:48 - 341 of 1029

After xd Wednesday, gawd knows what'll happen, halifax

halifax - 24 Sep 2007 17:07 - 342 of 1029

With NRK's market capitalisation now less than 750million it seems totally irresponsible on the part of their directors to pay out a dividend of 60million or are they just filling their own pockets before departure?

cynic - 24 Sep 2007 17:14 - 343 of 1029

it would seem they may have no option ..... see earlier posts etc

Falcothou - 24 Sep 2007 17:20 - 344 of 1029

Doesn't look like Lloyds will be bidding, though they must have lost a few million ditching at this level
LONDON (Thomson Financial) - Lloyds TSB Group PLC has reduced its holding in beleagured mortgage lender Northern Rock PLC to 3.3 mln shares, down from 16.5 mln shares previously, Northern Rock said in a statement to the London Stock Exchange.

The disposal reduces Lloyds TSB's Northern Rock shareholding to below 3 pct.

At 3.20 pm, Northern Rock shares were down over 25 pct or 65 pence at 191 while Lloyds TSB shares were down 8-1/2 pence or nearly 2 pct at 532.

alexander.ferguson@thomson.com

Big Al - 24 Sep 2007 17:21 - 345 of 1029

LLOY have no notifiable interest in BB. either as of today ...... apparently

halifax - 24 Sep 2007 17:29 - 346 of 1029

Rats and sinking ships comes to mind.

cynic - 24 Sep 2007 17:32 - 347 of 1029

belatedly i am now short, which was perhaps as rash a move as when i went long on friday and got greedy by not closing as i had told myself to do

ockieb - 24 Sep 2007 17:48 - 348 of 1029

Tears......

Falcothou - 24 Sep 2007 18:02 - 349 of 1029

Am I right in saying that Rab bought 20 million for 65 million which would amount to 3.25 a share !
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