any comments, thoughts, on this stock.

Hi Guys, I'm far too nervy to short a stock. But in the end I couldn't resist a punt (which is all it is), having seen the number of Buyers vs Sellers on Level 2 for this, and bought 2k's worth at 263.75p. It is now at 271.5-272.0 so a little profit already, in about 30 minutes. I think I'll have to keep moving a stop loss as the sp goes up - don't want to lose what little I've made!

Thanks for your comments - appreciate it!

but now you are doing your dosh as sp is only 247!
so did you put in a stop loss, guaranteed or otherwise?

Day traders dream for the brave.

skinny .... as you implied before, this is a mug's stock for no one knows a fair price and it's flying around worse than the likes of SOLA with no underlying logic

RAB said NRK are worth 600 +

of course they did! .... they own a huge slab so it is in their interest to talk up the price

I would have thought the best way to trade these would be a straddle, the only time i have used one was with a traded option.

I prefer trading BB. and Al. who are in a sense benefitting from NRK's gain but losing by Nrk's newfound competitive advantage

Hi Aldwickk: where did you read that about RAB's estimate of 600+?

It is a mug's game this NRK, I totally agree with Cynic. As soon as I'd posted my last message, I saw the sp was turning so I jumped off the jagged rock (coward, I know!) - no time for stop loss or anything: just dived off!

Then bought more BLT (from the ridiculous to the sublime!) - because it's a great stock long term, and it's also good for occasional leaping in and out as it can move through a 1 difference within just a few days. It went beyond 1800p recently and I reckon will do so again before too long (bit like DOO in that respect - nudging the next level up).

If I see a compelling reason to get back into NRK then I will - well, possibly...

Toya ..... you weren't a coward at all .... that is called good trading discipline

Thanks Cynic - I still have a lot to learn though!

Toya, I think you did a smart thing, once you have a profit, dive as u say. I think it will drop tomorrow - very high chance.

Toya....... I think it was in a market note sent by Barclays this morning

Thats what its all about getting in making a bit and then getting out, only to watch and perhaps jump in again for a bit more. thats the way i look at it and i have made a bit on this lot like i said earlier its sad to make money on the back of others misfortune, but it all pays the bills.

Well, I smell scorched fur. ;-))

what do you mean

Agree Big Al, albeit some of my scorched fur!

what you talking about scorched fur,

singed minge!

Ha Ha smart arse