any comments, thoughts, on this stock.

Buyers seem to be winning at the moment.

Very funny, Greek.
Too close for comfort in many respects, but a mile away on others.
Very true that it almost a self fulfilling prophecy. Had no-one got the jitters over property valuations, it would never have happened, and the best hope for a relatively blood free end to it all is a forecast of robust property prices, though I doubt that.
Even in satire, governments and brokers get hit, but surely the truth is that individuals decide what they can afford and want to do. Not governments and brokers. Lenders decide on their underwriting, not governments and brokers.
But we all know that governments will be blamed for allowing it to happen, and brokers will carry the can for the clients wrong decision.
Meanwhile the lenders will be bailed out by the taxpayer and destitute homeowners will be assisted by legal and / or benefit changes, even though both have only themselves to blame.
Anyway, enough of the serious stuff.
very funny and well worth a view.
Alan

40 billion deficit in this NRK debacle will cost Gordon Brown his election.

he is perfectly capable of losing the election without the help of either NRK or "sweetness and light" aka Darling

cynic
In that case we are doomed.

you could have Minger if you would rather!

Vote for James Whale

Lets not get started on politics....

it amuses me greatly to hear RAB squawking that it is unfair to the shareholders - aka them! - if they do their bollox! ...... oh dear, oh dear, oh dear! ...... so this bunch of so-called professionals looks likely to have chucked 80m down the drain ...... i cannot believe the incompetence of these guys; similar happened with Barclays and BFC just before that went into receivership ..... the rest of the world knew it was going to happen, but they knew better - didn't they just!

The difference is Barclays ended up owning BFC (for what its worth) and RAB will end up with 80m of wallpaper.

Off topic again, when are they going to award Tony Blair the best actor of the last 10 years, for his role in the film ' Britain, a country betrayed '

and i bet Barclays did too!

I think that NRK will be having a Kamikaze next week. Be warned. SELL out before it's too late.

I dont think so if they get down to around th 50p mark someone will buy them in the hope that thye will be given a life line, migh be a few pound to be made for the brave and i just migh jump back in with them agin for a very short time.

Certainly must be serious as it's even reported in Tehran Times now:

http://www.tehrantimes.com/index_View.asp?code=157808

"A Guardian investigation showing that more than 70% of the beleaguered firm's mortgages were owned by a Jersey-based offshore company further dented confidence in the bank's ability to attract a bidder prepared to pay the current value."

Mojo - you might make enough to take some typing lessons. You never know.

thye will be less than 50p tommorow..

I think it will fall between 20-40p.

it will be interesting to see if NRK can be shorted ..... very much doubt it, but shall prob try

interesting point of view on NRK from north of the border:-

"It has been a prime takeover target for a decade, without a single bid being launched. If no one wanted to buy it when it purported to be a dynamic and growing business, why would anyone risk good money on the car wreck it has become? "

http://business.scotsman.com/index.cfm?id=1848732007