NBS nationwide building society.

If the bots are supposed to be keeping the price up, they don't...

  1. 843 Posts.
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    If the bots are supposed to be keeping the price up, they don't appear to be doing a very good job of it. But with the market down generally it doesn't really surprise me to see NBS getting whacked around a bit, given some of the sentiment that seems to be out there about this stock right now.

    In my opinion, there seems to be a lot of expected bad news priced into NBS right now. If that bad news doesn't eventuate I expect the price to improved markedly. If indeed the next announcement is not only NOT bad news but good news, I expect it to really move. But nothing new in that. I think that's where most people see this stock right now. It's either going to zig or zag, depending on what happens if/when management decide they actually have something to report.
 
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