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Tom Winnifrith Bearcast: Breaking - Elecosoft threatens legals, a sure sign to sell

By Tom Winnifrith | Friday 26 June 2020


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.


After yesterday's bombshell I understand Elecosoft (ELCO) has threatened legals. This, as I explain, is a sure fire sell signal. I discuss Intu (INTU) - ouzo time for me - and the forthcoming banking crisis ahead of which Metro Bank (MTRO) is one sure fire short. And I look at Tomco (TOM) urging it to come clean on its true financial position.

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