Monday, October 15, 2007

This parrot is no more! He has ceased to be! ‘E’s expired and gone to meet ‘is maker!

Northern Rock shares tumble on low bid fears

Shares in Northern Rock plunged in this morning as investors realised that they may have been overly optimistic about the price potential bidders may pay.

Posted by mrmickey @ 12:25 PM (701 views)
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2 thoughts on “This parrot is no more! He has ceased to be! ‘E’s expired and gone to meet ‘is maker!

  • dohousescrashinthewoods says:

    The same people who bought NR shares, thinking they would go back up again will be snapping up houses after 10% falls.

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  • Well UBS (world’s largest manager of private wealth assets) bought 5% today.
    Northern rock has a great deal of value in loan contracts, the shorting of the stock by Goldman Sachs and others doesn’t change that fact.

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