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JJB Sports - do not waste your cash, c0p ahead

Tom Winnifrith
Thursday 6 September 2012

JJB Sports (JJB) shares now trade at 0.32p valuing the company at just under £1 million. Quite amazingly there are still a few prize loons out there who think this Aim listed retailer is some sort of penny share punt and are “buying for recovery.” They are mad. This stock is utterly worthless and if you can realise enough after trading costs by selling what shares you have you should do so even at this price. This is not a call to short, I imagine that it is very hard to do so but I cannot see how the end game here is much different from 0p.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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