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Evil Knievil makes £100,000 as Albermarle & Bond goes tits up, backs Tottenham and now short Gulf Keystone

Tom Winnifrith
Monday 24 March 2014

Bear Raider Evil Knievil warned last week that Albermarle & Bond (ABM) was on its death throes and that a short was free money. The company has today warned that the banks will not support its recovery plan and that it must therefore try to sell assets but this will not realise even the amount it owes. Albermarle thus concedes that its equity is worthless and its shares have been suspended. We warned you to sell last week HERE.

To those who ignored that warning

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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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