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Sussex
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PostPosted: Fri Oct 05, 2007 4:35 pm 
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grandad wrote:
Is this reply based upon your own thoughts or have you consulted with a stockbroker or a stock market analyst?

My own thoughts.

As for stockbrokers, I didn't see many of them telling folks to sell the Northern Rock shares in June when they were £11.50, as opposed to the current price of £1.57. :shock:

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grandad
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PostPosted: Fri Oct 05, 2007 4:43 pm 
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Sussex wrote:
grandad wrote:
Is this reply based upon your own thoughts or have you consulted with a stockbroker or a stock market analyst?

My own thoughts.

As for stockbrokers, I didn't see many of them telling folks to sell the Northern Rock shares in June when they were £11.50, as opposed to the current price of £1.57. :shock:


I bet you didn't see any stockbrokers telling people to sell in June. That would be because you don't watch the stock market like some of us do. My stockbroker was giving out warnings about the banking problems before June. :D
The thing with the stock market is, you can't just decide one day to go and buy stuff. you need to follow the financial markets for a few months to get a feel for it.
If you fancy a bit of fun, why not try your hand at currency trading. if you go to FXCM trading station you can open a dummy account and trade on the currency markets to see how you get on. :wink:

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Sussex
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PostPosted: Tue Nov 20, 2007 4:35 pm 
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grandad wrote:
I am making a killing on the Northern Rock shares. I bought £10,000 worth earlier this week at 132 pence each. The price is steadily going up now. :wink:

Remind me Mr grandad how they are doing. :roll: :roll: :roll:

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ALS
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PostPosted: Tue Nov 20, 2007 6:59 pm 
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That will be even less than 80p - Have you sold yet grandad?
ALS wrote:
Stinky Pete wrote:
grandad wrote:
I am making a killing on the Northern Rock shares. I bought £10,000 worth earlier this week at 132 pence each. The price is steadily going up now. :wink:


Northern Rock will be closed on every high street within the year. Only invest if you believe its likely a takeover will happen. Takeover and mergers are pretty stagnent in the current credit squeeze.

It is a very brave person though, who invests in a company whose customers are literally queuing up to leave. I would go so far as to say the shares are that volatile right now, that only gamblers would throw money at them.
MAD - another bank will takeover at about 80p per share. They are banks, they are not daft!

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grandad
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PostPosted: Tue Nov 20, 2007 8:14 pm 
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On the advice of my stockbroker, I sold a while ago when the price was 270 pence a share. :D

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kermit2482
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PostPosted: Tue Nov 20, 2007 8:14 pm 
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I'm larfing my socks off here :lol:

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GBC
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PostPosted: Tue Nov 20, 2007 11:58 pm 
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What's this? the TDO financial advice centre, as sponsered by the Northern Rock? :shock:

Use your matresses like I do.
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badger
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PostPosted: Wed Nov 21, 2007 5:21 am 
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GBC wrote:


Use your matresses like I do.
Have you had the ceiling lifted :lol:

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Sussex
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PostPosted: Wed Nov 21, 2007 11:31 pm 
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grandad wrote:
On the advice of my stockbroker, I sold a while ago when the price was 270 pence a share. :D

Why didn't he advise you to sell them at £12.50? :wink:

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grandad
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PostPosted: Wed Nov 21, 2007 11:41 pm 
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I didn't have any at £12.50. I bought at 132 pence.

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echo15
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PostPosted: Thu Nov 22, 2007 3:04 am 
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I bought at 132 pence

I sold a while ago when the price was 270 pence a share

Is the minimum wage still £5.52? :cry:

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Sussex
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PostPosted: Thu Nov 22, 2007 7:48 am 
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echo15 wrote:
Is the minimum wage still £5.52? :cry:

I'm afraid so. :sad:

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skippy41
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PostPosted: Thu Nov 22, 2007 1:09 pm 
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I have my mortgage with the northern, if there is a take over, and as i signed only with the northern, will I be able to stop paying, as they will no longer be my provider, :P
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gusmac
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PostPosted: Thu Nov 22, 2007 2:23 pm 
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skippy41 wrote:
I have my mortgage with the northern, if there is a take over, and as i signed only with the northern, will I be able to stop paying, as they will no longer be my provider, :P
Only if you don't like the house and feel like renting :lol:

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