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Its time to buy

Banks Pulling The Plug On Companies

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http://www.advfn.com/p.php?pid=nmona&a...47&epic=ERX

EiRx Therapeutic shares suspended on AIM; says bankers have withdrawn support (Eirx Therapeutics)

Well this is it, just like Serpico talked about in past recessions, when banks start losing money, small companies are going to get loans pulled.

This is the start of successive waves of rugs being pulled underneath you.

Look out.

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Didn't this happen a lot in the last recession. Am I right in thinking loans were even called in on companies that had not infringed the terms?

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We actually had a ncie chat with the bank this time round. Very surprised.

However, we are still liquidating stock as fast as we can profitably in order to ensure if things change we are OK. No bank is going to ruin my life forever.

On the plus side, we are about there.

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Didn't this happen a lot in the last recession. Am I right in thinking loans were even called in on companies that had not infringed the terms?

Find and read the Serpico posts referred to by Notanewmember.Answers your question (yes) and well worth doing in its own right.

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  • 399 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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