any comments, thoughts, on this stock.

OK Alan consider myself duly reprimanded - blame senility (talking of which, attended RSW AGM last week. Two directors aged 69 and 67, i.e just approaching their best, control over half the company and one impertinent upstart politely inferred that perhaps it was time they went to grow vegetables. As one, the assembled gathering of Victor Meldrew lookalikes rebelled. Most entertaining AGM in years - plus they provided good lunch and factory tour. May add to my holding.)Sorry off topic.

after the disastrous performance on Wall Street and the poor figures from Wachovia, further shorting of NRK on Monday may not be a bad bet ...... but as always hedged with a guaranteed stop

I will try to short NRK on Monday, cynic. I think this will be a one way slide this time.

but please be careful, though I am sure you will be.

i would like to find some individual shares to short, perhaps in the building or financial sector, or even big oilies where sp may now be a bit over-cooked on the back of (over)high crude prices ...... however, it may be simpler just to short FTSE, which I have done and which is top-heavy in both financials and oils, and perhaps AIM which tends to get hammered in neg markets

AIM does not look possible, but FTSE 250 certainly is

Those in the building sector are great to short...see my thread - sell property share...I have shorted SGRO and RDW with profit now.

RDW up Friday on takeover rumours hlyeo98. ;-))

rumour swirling around Redrow in particular, and also Barratt rather less so

Monday will see these reeling.

Cynic,

What do you use to short these, CFD, S/Bet ?

CFD

Tomorrow will be a profitable day, cynic. Good luck!

at least short NRK and FTSE should offset some of the losses on other stocks

Great...RDW and SGRO have dropped further.

Programme about banking on R4 now.

CNE looks like one to short cynic.

Shorting an oil producer with prices this high? Don't think so explosive.

Just for info........
It aint over yet. Merrill Lynch have just announced that their UK sub prime offering is to be further reduced due to "ongoing instability in the financial markets".
In essence, they withdrew their "unlimited" & "Heavy" adverse rabge of product a few weeks ago. Now they have withdrawn their "Medium" adverse offerings, leaving only products for minor adverse cases, at a reduced loan to value.
Feeling the pinch or ultra cautious? No idea. You lot work that out.
Alan

I think NRK would drop badly tomorrow.

Alan - it'll get worse re mortgage offers. In a year or so here all those 2-3 year deals will end and the UK homeowners will suddenly find themselves out in the street .......... I hope! ;-))