GET OUT, Parent company just filed for Chapter 11 protection. They say the UK operations have sufficient headroom to continue trading until end of March, 2009.
Time to sell up if you can.
I saw your post yesterday just after you put it up... HUMBLE PIE I'm thinking today!!!
Dont you just hate it when that happens (dont worry I've done similar and JUST done it on the iii share board for RBS)
Can you tell me the next shares which you think aren't going to do so well and I'll take a punt! LMAO
:)
I cannot find any reason whatsoever for this company to be climbing like this APART from the fact that they are the lowest stock in their sector when you click on share charts down 67%.
Reckon someone bet big to fluctuate the price and make a quick killing.
Doing Google search on any posts within past 24 hours reveals nothing.
When you have a look at the price was hovering around 90p for ages.
Personally I'm not taking a punt but I'll put on my watch list to see what happens. Good luck if you do go in.