NAB 0.46% $37.41 national australia bank limited

nab ups forecast of losses from rogues, page-3

  1. 5,822 Posts.
    Hi Alpha ... we are in NABLE for a quicky ... at $0.18 with last at $0.17 (sniff) so finger on the trigger here ...

    My post this morning revealed that NAB is being cautious here ... NAB sent a copy of a press release to the ASX ... and I suspect the story of $600mio option trading losses might have more legs as the week progresses ... and by releasing to the ASX ... NAB is covering it's a*se concerning continuous disclosure of price sensitive info.

    I read this as that there might be more to come ... just a hunch.

    Cheers ... tight stops.


    This is only my view ... read the red stuff.
 
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