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Northern Rock (NRK)     

irlee57 - 13 Aug 2007 09:03

any comments, thoughts, on this stock.

cynic - 26 Nov 2007 15:43 - 932 of 1029

tried shorting this afternoon at 115, but IG absolutely stuffed to the gills, presumably with bears and could not oblige ..... Shore Capital are actually very cagey in their statement, but reading between the lines, they too seem unconvinced that, post rights, sp will trade close to its NAV .... otherwise surely they would have commended better than hold

Toya - 26 Nov 2007 15:49 - 933 of 1029

This is uncanny: I go away and do something useful for a time, come back, and find we're posting within couple of minutes of each other. Anyway, hope it's gone well for you today.

cynic - 26 Nov 2007 15:56 - 934 of 1029

shouldn't compalin, and thanks ..... took profits on my "excess" in both IEC and POG and also my Dow long ...... bought PAG (questionable move!) and shorted Dow (looks promising)

Toya - 26 Nov 2007 15:58 - 935 of 1029

I might as well have stayed out of RIO, too, but BLNX is picking up well, having bought back in at 17p last week. So I guess I do manage to get some things right at least!

maddoctor - 26 Nov 2007 22:38 - 936 of 1029

poor reporting by the bbc , either RAB changed their mind or the bbc did!

hlyeo98 - 27 Nov 2007 10:44 - 937 of 1029

UBS cut its target for the NRK to 125 pence from 195 today.

cynic - 27 Nov 2007 10:49 - 938 of 1029

can't make head or tail of the price of NRK any more ...... i feel it ought to be a certain short, but indications are otherwise

explosive - 27 Nov 2007 23:32 - 939 of 1029

Branson is to put up 200mil of his own money I hear, will that be in a fully guarenteed deposit account? Top shareholders feel the Virgin offer is cheeky and vastly undervalues the company......they would say that wouldn't they.

cobras - 28 Nov 2007 09:22 - 940 of 1029

HEADING TO 1.40 MARK TODAY ,,WOULD BE NICE TO SEE AT 1.90 PLUS SOON

mojo47 - 28 Nov 2007 09:43 - 941 of 1029

Got in last friday and then out on monday, i will leave them alone now for a while, dont understand what's going on with them or what the future for them. i think they would be a good long term hold if you had the cash just to sit on it but as i havent i cant

G D Potts - 28 Nov 2007 13:23 - 942 of 1029

long term hold?? Im pretty sure they wont exist as Northern Rock for that much longer,

mojo47 - 28 Nov 2007 19:39 - 943 of 1029

what do you think will happen to Northern Rock, I dont know I have a feeling that they have a chance in time to get back in the game. I havent the cash to stay and wait but we will see

cynic - 28 Nov 2007 20:07 - 944 of 1029

too difficult to play this one at all ..... too many anti-personnel mines!

mojo47 - 28 Nov 2007 21:40 - 945 of 1029

yes and i have stood on one or two so i will stay clear now, I have had my fun. looking to the next, little tickle on the market

halifax - 28 Nov 2007 23:50 - 946 of 1029

If you think about it seriously the chances of NRK surviving are still zero what we have is a political situation. Brown cannot afford to lose votes in the north east if NRK goes under. Branson and probably others are looking to gain great advantages by helping Brown to keep NRK afloat. Just like Mr Abrhams has done with his disguised donations to the Labour Party.

cynic - 16 Dec 2007 18:13 - 947 of 1029

surely there must still be money to be made here on a short tack ..... am quite tempted to take that risk tomorrow

cobras - 19 Dec 2007 16:50 - 948 of 1029

hello guys,,,,,if rock is going to be natinalize what uppen to the share prize?

cynic - 19 Dec 2007 16:55 - 949 of 1029

i confess i fail to see why the shares are worth 2 beans, yet they strengthened today ...... one thing is for sure - RAB and the other crew are going to lose their shirts ..... pity innit

cobras - 19 Dec 2007 17:09 - 950 of 1029

thanks cynic,,,whos RAB ,,,,so you think the share they will be worthless?

cynic - 19 Dec 2007 17:50 - 951 of 1029

RAB is one of the big hedge funds as are the other clowns who were buying hand over fist ..... yes, i do think the shares are worth zilch, but disinclined to short even assuming there is someone who would lend the stock to allow it
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