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Northern Rock Shares Collapse

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Old 26 November 2007, 03:24 PM
  #241  
Snazy
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Originally Posted by lozgti
Love the press.The biased and unbiased when they say things like

'Rock shares soar' and 'Shares rocket 40%' or whatever they have done.

Errr......they were £12.00 and people are wetting themselves when they 'rocket' from 80p to £1.10. Wow
Thats because it IS a huge jump.

If you invest £10,000 in £12 shares, and they rise by 30pence its a marginal improvement.
£10,000 worth of 80p shares rise the same amount, it proves to be a short term investment, and you make a good profit.

BIG shares are for security, smaller ones are for constant trading and a quick buck. IMO anyway.
Old 29 November 2007, 08:57 AM
  #242  
lozgti
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Are these two big hedge funds being difficult because potentially they made a big mistake? How much did they buy in for initially?

Just wondered if they are wetting themselves
Old 17 February 2008, 06:37 PM
  #243  
GOLDMAN 555
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Originally Posted by Terzo 333
Just bought 100000 at 270p
Hope you sold them quick!!
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