Trading in AIM shares.........27 Mar 2019 10:00
…..as I have said many times before, is like dealing with that bloke trying to sell you a dodgy Rolex down the pub on a Friday afternoon !
There are a few successes in this market but unfortunately there are many many failures and as always the 'man on the street' i.e. the private investor is always the last to know.
Don't sweat the small stuff here, i.e that sell was a buy, re-rating, why are the institutions selling etc. The market makers will make it up as they go along, they don't care about the news stories, I've seen it many times before.
At present the market is in the accumulative phase, hoover up as much stock as they can and when they feel they want to push it ahead they will, its classic AIM.
And once they've pushed it ahead and made some nice profits along the way, they will want to get rid of their positions so will start to call the stock down again with a view to buy them back, and so it goes on.
Look at the charts and the charts for other AIM stocks and you will see the similarities.
Modern Water is a company for the future but whilst its still in its embryonic stage I feel that someone will come along and snap it on the cheap !
Onwards and upwards.
(This post will be probaly get deleted by Admin in a few minutes !)