Northern Rock - Shares [Merged Threads]

FelOn_2

Al_Mac wrote: »

Barclays have been doing some big dealing in the stocks over the past few days. Could be lining up a bid.

Could be Plan B, after the likely failure of ABN Amro bid.

BMWobbleU

FelOn wrote: »

Could be Plan B, after the likely failure of ABN Amro bid.

Looks like RBS bid has "won" ABN http://afp.google.com/article/ALeqM5gz1hQdwsZTvkjkEbCWf8uAMS1mSg
Lucky escape for Barclays, should see it's price spike in the morning (but i guess most traders knew this weeks ago). Now, unless Barclays does another deal, it will be seen as prey :eek:

novice007

Wondering whether to buy northern rock shares at this juncture when they are at 167p - hoping that they will go up to 460 - 567p in a few months time & will be able to make some profit from it all.

anybody who thinks along the same lines!!! or any thoughts relating to this!

isofa

There are plenty of threads on this forum re the shares for NR, have a search and read through.

Try this for starters: http://forums.moneysavingexpert.com/showthread.html?t=553760

No one will be able to offer you buying advice, as it's against the T+Cs of this site.

weezl74

Hiya, I had been thinking the same thing myself! Don't forget to add on some mentally for capital gains if above the threshold....

L

Aegis

And of course, never forget that your investment could massively decrease too.

What are you basing your hope that the price will rise to 460-567p on? And why such a specific second value?

FelOn_2

novice007 wrote: »

Wondering whether to buy northern rock shares at this juncture when they are at 167p - hoping that they will go up to 460 - 567p in a few months time & will be able to make some profit from it all.

anybody who thinks along the same lines!!! or any thoughts relating to this!

They closed at £1.585, what held you back?

FelOn_2

Aegis wrote: »

What are you basing your hope that the price will rise to 460-567p on? And why such a specific second value?

Looks like wishful thinking, and figures plucked out of the air

phil129

This may be a really dumb question but i dont no so im going to ask you guys ! If i were to buy shares at say £1.585 (todays closure price) and next week Mr Flowers comes in and buys the company and he values the shares at £1.70 i will have made a small profit in the short term. But becuase he has purchased the company do i still own the shares ? Do i just get payed out £1.70 for each one i had or do they carry on ? Im really confused what happens in a buy out, im reading this an it dont make sense but can some one shed light on this for me, feel stupid now......

phil129

That was my first ever post btw, go easy eh...