Ship of Fools (mostly), page-285

Spid61

Well I sold 95% of my holding when the market opened on the morning of the results. Quite a loss.
Ouch - but it is too scary fro me. I like the turnaround cutting. I dont like the unknowns in the recapitalisation and cant read the future profitability. I have effectively folded .

It is worth saying that those who have hounded the SP to zilch may dragoons wodges of investment monies to drive the SP up. It is an effective pump and dump strategy. Makes me sick.

Mel