any comments, thoughts, on this stock.

still a lot of people buying at these levels even after the week end news.

I am leaving this one well alone

or closing their short positions!

Cynic, I have closed at 218p but don't know weather I've done the right thing. What do you think?

it can never be wrong to take a profit

have shown myself to be a total arsehole and opened a short in NRK at 214. albeit with a guaranteed stop!

we shall see

You are really brave, cynic. Good luck!

it was a bit wasn't it! ..... anyway, i have in place guaranteed stops so any loss is limited ...... meanwhile, headlines in telegraph say the shareholders will get zilch and sp is down 15 this morning .... actually pretty surprised it is not more

Yeah...it is holding quite remarkably

will it be sackcloth or satin for me i wonder - lol!

In fact it is recovering -5p now.

but still in the money ..... anyway, the stop i have set means that any pain will be readily bearable, and i think i have prob got it right ..... or is that just wishful thinking lol??

Head of Virgin money is on Working Lunch tomorrow (Wednesday) talking about proposals for NRK

F&C Asset Management reduces Northern Rock stake to 0.25 pct




LONDON (Thomson Financial) - F&C Asset Management PLC said it has sold 4.27
mln shares in Northern Rock PLC, reducing its stake in the embattled UK mortgage
lender to 0.25 pct.
In a statement, F&C said it sold the shares at 219.86 pence per share,
leaving its holding in the bank at 1.045 mln shares.
Last week, F&C sold 3.8 mln shares in Northern Rock at 269.18 pence each.
At 12.40 pm, Northern Rock shares were down 9 pence at 207 pence.

and i am short at 5'10" and 214!

It amazingly closed up at 223p. Wonder why.

Interesting

early drop but regained 230 just, virgin money won't get it for nil shareholder value, expect some late bidders come in

do you now ...... and even if the shareholders get a crumb, it will be bugger all for the dilution will be huge .... that's my view anyway, and my money is on the table to back that view.

i confess to a wry smile that the potential buyers are meant to continue supporting NRK's charitable foundation! ...... effectively that means the shareholders are meant to .... bit like asking turkeys to vote for Christmas!

What shareholders? Branson wants to turn it back into a building society.