RE: Trades30 Apr 2024 20:35
So, everyone, what's the take-away from this discussion? To me it says- information = power and power = money. Therefore, unless one has real-time trading information, avoid the AIM because many decisions made upon perceived trading action will be false.
I wish I had this insight years ago when I naively bought into Leyshon Energy in 2014 (Manchurian Fu-kyou "watch the lady. Watch the lady" operation). Loss: £7.5k. African Potash on 2017 (RIP, along with my £9k investment) and AMTE (£8k just a few months ago), These all have black/white striped question question marks hanging over them and so shall it ever remain.
Of course, I have lost money on other AIM companies: Cap-XX and Andrada Mining, but I put those down to the erratic Elon Musk (special K anyone?) In the case of Cap-XX, and for Andrada Mining (plus many other lithium plays) thanks to China's "We care, so we share" CoVid strategy in 2018 resulting in its ongoing economic implosion - now beginning to hit hard internationally with Lithium miners as news of the country's recent-years' published record-breaking domestic EV sales stats turn out to be fantasy stoked by massive State sales subsidies.
I'm still in for HE1 but my feet are feeling distinctly chilly.