Northern Rock

[DB]

If you put money into an ISA account, what your actualy doing is lending it to the goverment, which is why they pay you the highest rate, and of course its much safer.

So they goverment get money also from ISA accounts.

Thats what I have been told any way.

[grandin]

ISA's are not National Savings..

I personally would not talk down Northern Rocks position.....lack of liquidity in most businesses leads to liquidation but lenders are unhealthily immune to this thanks to the Bank of England.

The current position will lead to a lack of confidence generally in Northern Rock, the share price could ease further making a takeover viable...but the question is where are they going to get the funds from for any take over bid!

Lee

[olebean]

Originally Posted by grandin

ISA's are not National Savings..

I personally would not talk down Northern Rocks position.....lack of liquidity in most businesses leads to liquidation but lenders are unhealthily immune to this thanks to the Bank of England.

The current position will lead to a lack of confidence generally in Northern Rock, the share price could ease further making a takeover viable...but the question is where are they going to get the funds from for any take over bid!

Lee

Take overs are not only funded by cash!

[mally]

Any advice on here to buy a low amount of shares in NR.

I´m only talking say about 200 quid

Mally

[Fold]

Originally Posted by mally

Any advice on here to buy a low amount of shares in NR.

I´m only talking say about 200 quid

Mally

Don't bother. It isn't worth the fees to only invest £200.

[rob]

People have been talking about the 32% drop, however it has been upto £12.50 a share inside a year and inside three months its dropped from over a tenner

As for a £200 investment... waste of time in my opinion any profits would be eaten by fees etc.

Personally would say plonk it on Arse v Spurs being a draw

[mxm]

Mally - bear trading is fun... $400 is a fair amount to invest if the "turn" is right... northern rocks turn is not there... nearly but not yet... Rob is right fee's would eat it and your points your would have to cover in case it went wrong way to your trade!

it will be interesting to see how the odds stack up when the uk pre market opens at 7 gmt monday,due to the extremely rubbish PR release:

http://companyinfo.northernrock.co.u...ckEx140907.pdf

seems some money movers will stack it so the price moves up a touch first and then could go down, along with the rest of the ftse monday OR it will just dive to its "turn" and then it will be a good buy...

we and a previous tipped AD user here are happy, we had it short at 5.96 so 4.12 sell was a nice days work...

any thoughts from anyone else in the trade?

[deconstruction]

what % of your money is in domains / shares / property / etc?

answers on a postcard in the thread below

What % of your investments are in Domains?

[Fold]

For new investors in shares I wouldn't recommend buying Northern Rock as a first share and for most of the general public shares should not be for the short term.

[mojoco]

Interview on Sky News this morning.

http://s207.photobucket.com/albums/b...=hpc160907.flv