The two trades of note since our last newsletter are one buy and one sell. The sell is Eatonfield which we backed at 5p in a placing last Autumn. We sold at 2.25p following news of a rescue refinancing at 1p. We can accept that this company has been shafted by its banks that is pretty much par for the course in Britain today. But what we find just beyond the pale is that a week after that refinancing the CEO was courting publicity, fronting up a consortium to buy the financially challenged football club Portsmouth (currently a dead cert for relegation from the Premiership). Anyone who buys a football club, and especially this one, is in our view crackers and to be running around contemplating such a venture when your priority should be your day job is just not acceptable. We have cut fairly small losses on this one. There are far better opportunities elsewhere

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And now watchout2, spam spam spam !

watchout2 - 25 Mar'10 - 14:17 - 1780 of 1780

Strange how you have issues with posters on YCO yet you yourself are happy
enought to ramp your latest pump and dumps everywhere.