Northern Rock
Author
Discussion

edb49

Original Poster:

1,652 posts

235 months

Sunday 17th February 2008
quotequote all
So, headlines are it will be nationalised.

How does this affect the share price? Is it worth putting a spread bet on for tomorrow when the markets open?

griffgrog

740 posts

276 months

Sunday 17th February 2008
quotequote all
I thought trading was to be suspended, hence the announcement today.

g4ry13

21,887 posts

285 months

Sunday 17th February 2008
quotequote all
It will plummet. I doubt you'll be able to trade it tomorrow. If you'd put a short in on friday you'd be laughing as the price will be near enough to 0.

matsmith

1,166 posts

239 months

Sunday 17th February 2008
quotequote all
griffgrog is correct, trading is suspended on this share