Game Group are struggling to pay their rent, and their suppliers are starting to pull the plug. The news is looking rather bleak. So I've given up on them and sold my shares at 3.368p.
The only ray of sunshine seems to be this:
http://www.investegate.co.uk/Article.aspx?id=201203141734253773Z
"The Board of GAME confirm that a third party has shown interest in providing additional funding for the company"
This does not sound like good news to me. This sounds like someone wants to be first in line once Game go into administration, by buying their debt from the banks. So I'm not interested in hanging on for the ride. I run the risk that they'll stage a storming recovery and I'll miss out on a multi-bagger, but I'm OK with that.
