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 How can I earn money?
I need to buy some clothes for school and my parents have to pay a lot of stuff for my brother who's going to college so i shouldn't ask for money. what are some ways to earn money, i'...


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hello!

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boyinlove2k
Northern Rock share price?
I bought some Northern Rock shares this morning at 300p. They are now trading at about 270p. Could they slump further? And if so, by how much?
                     
 




spook542
Rating
You've bought them now. Best to hang onto them the price may go back up when a takeover bid is announced as it will do within the next couple of weeks.


dodgygeeze
You did better than I did, I paid 315p this morning. Someone has to be interested in this companies mortgage book, think I did read somewhere that NR's mortgage business is worth 180p/share though so maybe a bid might not be as good as I was thinking originally, maybe 225p might be more realistic?
I'm not sure how the Northern Rock Foundation (Charity)stands if NR is bought? as I understand it 15% of the issued share capital could go to this organisation looking on their website. Lets just a buyer comes forward now.


Without-style
Rating
Not a smart move to buy this morning, what are you thinking? The stockmarket has only just reopened. You're going to make a massive loss before you make any profit.

Have you got the guts to stick out the sharp drop?


jeff hall
Rating
sell now as in two weeks time they will have ceased trading.


VBproblem
Northern Rock are no longer in control of their own destiny. The BOE and the government must give absolute assurances about the deposits held which are in excess of £33k which do not qualify for the IFA compensation scheme.


Hogfather
Rating
A tricky one is northern rock as its just got a lifeline to keep afloat by bank of England .As there is no doubt that northern rock is on the blocks and waiting a trade buyer the sensible money says its got a lot longer to drop value wise yet . For me this is for the brave or a mega philanthropist .Dont touch it with a barge pole .


Onestep downfrom God
I sold mine at 1250 and won't buy until they hit 200.


david536259
Rating
I was tempted to buy this morning but decided to wait - I think they have further to fall.


ANF
They are likely to go down quite a lot more yet. With ever growing queues outside the branches of people taking out their money the shares will continue to slide. Another 5 days will see them bottom out as the trust of those investors left begins to have an effect. That would be the time to buy. You price of 300p is still OK and you should in a year or so make a profit. It could be sooner as there are a number of predators sitting on the side lines waiting to pounce and buy the company.


Paul M
Northern Rock is a highly speculative investment at this point. You are essentially bottom-fishing. If you are an individual investor make sure you are using money you can afford to loose.


snetterton
They could go all the way down to zero. They're already down to 264p. Not a great time to be investing in the banking sector. Who on earth is your adviser?


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