any comments, thoughts, on this stock.

not the time to do it though i suspect ..... just as easy for sp in AL or BB or NRK to shoot upwards too, even if only becuase of profit-taking .... AL hit because of several broker downgrades

Yep I suspect the shorters are closing positions on all 3 just now hence the slight up trend.

the next event will be when people hear NRK have dropped up to 30% again today and rush off to empty their accounts, that will then have another effect on the sp and so on till it disappears up it's own......

Made a few quid going long on nrk and bb with tight stop losses

shame you didn't take the plunge with AL then as if you were a real smart (and very brave!) cookie, you could have made 70p from the bottom

Citywire comment today:

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=96462

When I say a few quid I mean about enough for a curry and a few pints both hit stop losses very soon

The Sunday Times reports that one take-over bid for Northern Rock has already been blocked. Detailed talks between Northern Rock and Lloyds TSB took place but a prospective bid by Lloyds was blocked by the Bank of England and the Financial Services Authority, for fear it would unsettle financial markets.

Thought the last line quite amusing.

Down to 250p next.

why 250? ..... i don't think anyone has any idea what NRK may be worth, which is why it is such a dangerous trade unless you are already short at a considerably higher level.

these downers are short and one hopes that a bid will screw them sometime today

a bid is unquestionably on the cards, but the great unknown is at what price? ...... i am also inclined to belive that it would be > the current 310, but who knows ....... gather you have been walloped here; in which case my commiserations ..... i have suffered similarly with AL and to a slightly lesser extent with BARC

life changing hit possible , what bugs me here are the shorts gloating and trying to drive the price down further with no consideration for the 1.5 million depositors with nrk and the fallout with other banks if something serious happens - mindless Sun readers all!

Comments on a bb make no difference to what is happening in the market place, those that think they are achieving something with a "clever" comment are just deluding themselves.

Those others that think they do should think again.

Bad luck md, it could have been me.

While Northern Rock is the bank in the press, I suspect the wider run on banks may be down to speculation ahead of the US banking season results. If losses are bad then I guess it would impact UK banks too. It could just be people are selling with the crowd now just in case because it's like shooting fish in a barrel. Of course the unexpected could always happen. If the Fed decides to drop interest rates dramatically, and the banks losses are only moderate, the shorters could well get a nasty surprise. They certainly won't be gloating then.

In my opinion....

Strawbs.

600 posts already over on the dark side , 598 of which are trash!

i do not think any deposits with NRK are at risk .... BoE could not and would not let that happen

And for my next stupid investment..........WLW short term long. Interims Wednesday should show a few good things. (EUK)

I must be mad!

sww , the wlw shop near me is a real mess , hope the bet works out

Thanks md, I see another line of support has broken here........

Commentator on the home service (R4) lunchhtime news siad NRK could well be taken over by another bank - for nothing.