Right or Wrong
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No no no! The price is still falling and they will be bought out while the price is low, which is the price you'll get when you resell. |
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sam g
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Not today... I would wait a couple more days... I plan to buy some more on Friday.... The shares went up yesterday due to the US interest rates dropping, but then fell again this morning, as the panic surrounding them is still there. I know that ppl are still queueing up to withdraw their money. As soon as they dip into the loan from the Bank of England, then they really will drop... I reckon next week, one of the Big Banks will look into taking them over. That is when the shares will rocket back up again. They have lost their true market value, and once this is publicly known, then share prices will go up. I reckon, wait till Friday. That's my opinion. |
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caseymitchum2000
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Buy a small amount because you never know, they could sky rocket and you could be quids in. |
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alan t
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wait till the price goes down to £1.50 which is all that they are supposed to be worth with there assets. |
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Doodie
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Better to have bought them yesterday...I bought a few thousand...buy as many as you can afford..they will recover in a few days and then you can punt them out again for a nice little earner...I love the free market...it's made me rich..sweet |
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JOHN R
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It is not a good idea to buy Northern Rock shares today or any day soon. I say that because there is no way of working out what the true value of the company is. Therefore you will never really know whether you are buying cheaply. If you want to gamble go to your nearest bookies !! |
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spook542
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Reckon so. It can only go up.
I did. |
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A and L D
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I don't know if it is ever a good time to buy any shares these days, all i do know is this.....
If you can't afford to lose your money then you shouldn't buy any.
Check out Pipex (pxc) for a good penny share punt though. |
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asjrb
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no. Buy Country Wide Bank stocks. |
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sammie
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I think it would be a good opportunity to take advantage of the low prices ..
The bank of england are helping northern rock and will not allow it to go under as it will have wider implications on the stock market and banking ..
Good time to invest |
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117wstwd
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Seems scary, but maybe they'll be able to recover, so buying now for a low price would be a good deal. I would buy a little bit. |
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Nick M
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The lowest drop was yesterday as I advised someone else. However, if you buy today then currently at 14:55hrs the share price is 299.00p which is still an excellent drop. Dont forget they dropped 33% on Friday and the further 31% monday, yesterday gained 8% and today 1.4%. so you are still buying shares that have a 54.60% (half the original value).
Buy low, sell high and they will recover. The British public worried and led to a 'run' on the bank.... this was totally unjust for people to do it, but the old school (over 50's) saw Barings Bank crash in 1996 but this was due to a rogue trader and was a 'private bank'... the Queen was also a customer. a public bank would so so very rare if it ever went under. Take over is more likely which is why buying a failing share is such a good investment...
Hope this helps. |
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Mtag
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Yes...I heard it on the TV, Gordon Brown said that he was going to make sure the shares where good/safe etc..
Not a dab hand at stocks/shares etc...but thas what they said on the telly! lol
Good Luck!! |
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Scaramouche
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If youd bough two days ago and sold yesterday you'd have made a killing. aaah the wonder of hindsight.
They're down again today and quite frankly I wouldn't touch them. There are loads of undervalued shares out there at the that would make a much safer punt. There is still a possibilty that NR might be taken over but that could be at a symbolic value (Remember Barings?) I'd stick to what you know. |
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