I purchased £6000 of Northern Rock shares on Friday..

Over Clocker · 21 Jan 2008 at 10:53

Purchased for 63p, sold this morning for 95p

BEn_2600+ · 21 Jan 2008 at 10:55

Nice profit!

MHayes · 21 Jan 2008 at 10:55

Nice 1, I have been considering getting into share dealing. I mean as long as you buy low things generally go up in the long run. but a week is good, nice few extra k for you.

gumbald · 21 Jan 2008 at 10:55

Wow. Suppose it was hard for them to get much lower

Morba · 21 Jan 2008 at 10:55

Well played that man

Booner! · 21 Jan 2008 at 10:56

Riskaaay, but nice profit.

TheDean · 21 Jan 2008 at 11:21

Over Clocker said:
Purchased for 63p, sold this morning for 95p

|Did you not fancy selling them when they're taken over? Surely you'd make a lot more?!

Emlyn_Dewar · 21 Jan 2008 at 11:25

How do you go about buying and selling shares, I've always wondered how easy it is. I wouldn't want to do it as some sort of gamble but have always wanted just to have some... :\

Whitestar · 21 Jan 2008 at 11:27

^^^ Same. I've been thinking about this for a while, but don't know where to start.

toosepin · 21 Jan 2008 at 11:29

Misread :/

Wyrdo · 21 Jan 2008 at 11:31

toosepin said:
How much profit does that come to? 19k?

Got maths?

Emlyn_Dewar · 21 Jan 2008 at 11:31

I'd be rubbish trying to do it purely for profit, but I wouldn't mind setting ~£200 aside instead of leaving it in the bank, where it'll make about 2p interest, or risk being spent on beer...

Haircut · 21 Jan 2008 at 11:31

toosepin said:
How much profit does that come to? 192k?

No, I make it around £3050 profit minus any fees.
Not a bad return at all, I probably wouldn't have done anything that risky personally but it worked out nicely in the end!

aardvark · 21 Jan 2008 at 11:31

toosepin said:
How much profit does that come to? 19k?

even after the edit your maths is terrible!!

Ripper · 21 Jan 2008 at 11:31

Err just over 3K profit isn't it?

Edit: Already answered

Glaucus · 21 Jan 2008 at 11:31

toosepin said:
How much profit does that come to? 19k?

No £9047 so £3047 profit. But then you will lose some of that in fees.

TheDean said:
|Did you not fancy selling them when they're taken over? Surely you'd make a lot more?!

It's not certain at all, best to take a tidy profit like that when you can.

Wyrdo · 21 Jan 2008 at 11:32

I wish I had the kind of money to do something like that!

jamief · 21 Jan 2008 at 11:33

toosepin said:
How much profit does that come to? 19k?

Err nice maths

Shade over £3000 profit.

A.N.Other · 21 Jan 2008 at 11:33

aardvark said:
even after the edit your maths is terrible!!

\o/

Good going! Planning on putting some back in or is this for the bank?

Booner! · 21 Jan 2008 at 11:34

toosepin said:
How much profit does that come to? 192k?

....

it was bad before the edit and just as bad after it