4238 days ago
JJB Sports (JJB) shares have just been suspended. Administrators have been appointed and the company says that while assets can, and will, be sold shareholders will get nothing. Nil. Rien. Zippo. Surely everyone can understand that?
4245 days ago
I warned you all on September 6th that JJB Sports (JJB) was worth 0p a share as when its assets are sold it is unlikely that the proceeds will cover its debts let alone the hefty fees of KPMG etc. I said that anyone who bought was a loon. Predictably the loons berated me. But how much clearer can this get. At 0.28p you should still sell for whatever you can get. This stock is utterly worthless.
The response of the BB loons was a hoot:
4256 days ago
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.
