Saturday, Jan 27, 2007

Debt management shares battered in late Friday trading

Firstrung: Slow growth in IVAs causes debt management company shares to meltdown

Debt Free Direct: "Over the last quarter, we have been challenged by two external factors; creditor posturing and increased advertising from our competitors," it said. "The combined impact of these two factors will make it challenging to fully achieve market expectations for the FY 2007," added the group.

Posted by converted lurker @ 05:05 PM (49 views) Add Comment
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2 Comments

1. Rubberneck said...

More parasites hell bent on making a profit out of desperate suckers find out that you can't fool all the people all the time.

Shame. Maybe we should start a disaster fund for them along with recent BTL landlords and estate agents.

Saturday, January 27, 2007 06:27PM Report Comment
 

2. Surfgatinho said...

I put a stop loss on my Debt Free Direct shares on Thurs evening and took a modest profit. Phew!!

Saturday, January 27, 2007 08:16PM Report Comment
 

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