Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The Mail on Sunday carries a horrific story about a 78 year old man who has seen his life savings disappear thanks to WH Ireland (WHI) the AIM listed stockbroker. Reading this I conclude that only a total lunatic would entrust WH Ireland with his or her cash. With the stockmarket now clearly in bear territory WH Ireland would be unlikely to prosper even without this scandal and at 125p the shares are a stonking sell – second only in this sector to those of the POS Daniel Stewart (DAN).
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Comments
J P Spaghetti
Horrific indeed – roll on the EU machinations to introduce US-style class action!
Wellinever
Oh no. I wonder if they invested any of it in any of your funds? Glass houses!!!