NBS 0.00% 9.9¢ nationwide building society.

In my opinion NBS is not a trading stock .. it's a buy and hold...

  1. 2,739 Posts.
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    In my opinion NBS is not a trading stock .. it's a buy and hold for me.

    Personally who cares what price 0.5% are willing to trade this on a daily basis?
    It's the vast majority of non sellers (the 99% plus) that aren't selling at these low prices that tells me more about what most (ie the non sellers)perceive that NBS is worth.

    I also hold VPG (which is more of a trading stock) that I'm not posting on either.
    If you traded VPG you'd be hard pressed to pick the right days to make a profit - even with that stock i realised it was about hanging on for the medium term - so i changed my strategy and it's paying off.

    Anyway no point in posting until after an update (I was expecting one soon) or the FY result (which should arrive maybe end of next week).
 
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