Northern Rock - Shares [Merged Threads]

bargains83

At what point will Northern Rock go bust?, the share price is under £2.00p now. Yet its still a profitable business and they are still expecting to post a £500m this year .

I bet the people who originally bought shares at £12 are feeling physically sick.

dippy

The concensus among analysts is that NR's business model is flawed and the chickens came home to roost during this credit crunch. Just imagine what would happen if the credit crunch worsens and NR can't deliver on that £500m profit projection.

Gaz83

alared wrote: »

See my post 241 which was posted before the markets even opened.

Don't the markets open at 7?


BBC's website certainly suggests there is activity from 7am.

alared

Markets open at 8 am in this country.

Oakey22

anyone else noticed that Alliance and Leicester are down a bit aswell today?

LOST

8am BST is the equivalent of 7am GMT

ds1980

Yant1 wrote: »

May I suggest if you dont know what your doing then dont do it, if you want advice how to invest pay a financial advisor instead of opening up a spread bet account. If your buying shares its by your own metrics and your own risk.

People see far too much in to volume of shares trading etc. Deutse bank bought a load, people speculating it might be a precursor 2 bid but no it was just a trading position to make money from the spinning of headless chickens through their algorithmically calculated cycles. Over 20% of the NR shares are borrowed at teh moment ie sold short, large buybacks at lower prices are the cause of the downshifting price. This is called making money bear stylely, rar! watch out for the bear attack.

A 35 million trade forcing prices up induces fools to buy, then they can bear trap you sell and then sell more short and the lowered price makes others sell. Alliance and leicester acted quickly to try and stop the bear trap , rar! watch out for those grizzlys and some other astute investors "believed" by their metrics that a+l was safe and prevented the lower price kicking off the fire storm.

Rar watch out for those bears, I said at the start of this foley that this is a big boys game now, id leave well alone till all this crazyness is over and then choose whether its worth investing. Dont make snap judgements, by all means punt if you want to though at a price you believe in.

Im satisfied that the turmoil ie money markets are quelled and thus going to be with a+l (not that their was a prob with them anyway as things transcribed) on the next trace down which may be tomorow, maybe tuesday or may never happen. But more importantly ive done my research and on my head be it if it goes wrong I cant blame any one else. I dont normally bother with something unless i believe by my measurements its under valued by more then twice or I expect super rapid growth, but thats a slower way to make money as it takes a while for the city slickers to catch on to the stars, plus they mainly invest on gradients over a short period rather then growth. The swings on A+L though have interested me will keep you informed as to if it works or not.

:beer: happy hunting

ps
Good free tools for judging off past performance -
http://www.hoadley.net/options/options.htm
but remember on occasions everything goes out the window NRK is a example of this, as with everything "past performance is no guarentee of future" having a feel for the sentiment (eg bear on banbks been shot bull is out again) and news is also useful. It comes down to the pair of scales in your head.

Its called learning?

Beate

http://uk.news.yahoo.com/rtrs/20070920/tts-uk-northernrock-ca02f96_4.html

student200777

hi,

iam a student currently in my final yr. would u lot advise that i shud buy shares in northern rock as the share price is dropping. i could potetentially make thousands of pounds if i use x amount of my student loan.

Aegis

student200777 wrote: »

hi,

iam a student currently in my final yr. would u lot advise that i shud buy shares in northern rock as the share price is dropping. i could potetentially make thousands of pounds if i use x amount of my student loan.

I would personally rather not gamble any of my money on essentially a coin toss. I think there are a lot of better things to do with your money than gamble on Northern Rock.