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Northern Rock (NRK)     

irlee57 - 13 Aug 2007 09:03

any comments, thoughts, on this stock.

mojo47 - 10 Oct 2007 19:11 - 656 of 1029

what do you mean

ockieb - 10 Oct 2007 20:25 - 657 of 1029

Agree Big Al, albeit some of my scorched fur!

mojo47 - 10 Oct 2007 20:39 - 658 of 1029

what you talking about scorched fur,

cynic - 10 Oct 2007 20:45 - 659 of 1029

singed minge!

mojo47 - 10 Oct 2007 21:28 - 660 of 1029

Ha Ha smart arse

hlyeo98 - 11 Oct 2007 10:27 - 661 of 1029

Great...NRK starting to slip...shorted yesterday at 265p

hlyeo98 - 11 Oct 2007 10:29 - 662 of 1029

245p now.

hlyeo98 - 11 Oct 2007 10:29 - 663 of 1029

Chart.aspx?Provider=EODIntra&Code=NRK&Si

cynic - 11 Oct 2007 10:37 - 664 of 1029

quite so, and sp also whizzed about yesterday .... so are you now buying or selling or just being a voyeur?

Toya - 11 Oct 2007 10:39 - 665 of 1029

Jolly glad I dived off again quickly yesterday - hyleo: you were right when you said you thought it would go down today.

And aldwickk: thanks for the info re the poss 600p price. I'll keep watching.

skinny - 11 Oct 2007 10:41 - 666 of 1029

Anyone who purports to being able to predict this one is talking tosh!

cynic - 11 Oct 2007 10:43 - 667 of 1029

well not quite true .... it was up 6/7p earlier and there are still many hours trading to run

Toya - 11 Oct 2007 10:47 - 668 of 1029

I'm sure you're right Cynic - one could make some profits on this one on a daily basis, and maybe I'll try it again some other day. But I'd have to remain chained to my screen and am going out later - just daren't take the risk.

cynic - 11 Oct 2007 10:49 - 669 of 1029

don't! ..... you won't know if you have caught a rocket or a stick until it's too late

myownmoney - 11 Oct 2007 11:02 - 670 of 1029

280 by the end of trade

cynic - 11 Oct 2007 11:07 - 671 of 1029

so have you backed with REAL money?

myownmoney - 11 Oct 2007 11:41 - 672 of 1029

Yep, made a profit yesterday.
See what today brings ;-)

cynic - 11 Oct 2007 11:50 - 673 of 1029

fine ..... so you banked a profit yesterday i assume? ...... and have just opened a new position?

skinny - 11 Oct 2007 12:57 - 674 of 1029

Northern Rock UK's Darling 'can't be certain' when credit market instability will end UPDATE




(adds more comment)
LONDON (Thomson Financial) - Chancellor of the Exchequer Alistair Darling
has said that he "can't be certain" when the current instability in the credit
market will end.
Still, there has been some progress as liquidity has increased, he added in
a statement to Parliament relating to Northern Rock's financial problems.
The mortgage lender saw a run on deposits last month after it emerged that
it had sought cash from the Bank of England.
Proposing legislation to introduce new regime when a bank runs into trouble
would mean that depositors are "insulated from a bank that has failed", greater
certainty, and that they would be able to receive compensation quicker, he
added.
On the fate of Northern Rock, "any future solution must lie with the
company," he said.
He also called for a review of the tripartite system, which includes the
Bank of England, the Treasury and the Financial Services Authority, and governs
the financial industry.
"We need to review how the framework is operated," he said, adding that this
will include a review of the rules on swift takeovers of banks.
The FSA, he said, will review the UK liquidity regime.
Darling also said he has a mortgage at Northern Rock although no savings.
The head of the nation's purse strings said he will pursue the matter at an
international level. At the G7 meeting at the end of October, Darling plans to
propose three areas of reform: faster implementation of international liquidity
regulations; setting up an IMF early warning system; and a European agreement to
strengthen financial stability agreements.
sivakumar.sithraputhran@thomson.com


hlyeo98 - 11 Oct 2007 14:52 - 675 of 1029

245p and below at end of day...i hope
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