RE: FSA MM's11 Apr 2021 20:52
Thanks Tricky, I am struggling to make heads and tails of your second message in the context of your first - I hope you can help me:
You state that you "haven't linked you sharing one legal challenge to the share being manipulated." yet in your original response to my post you said "Your post, FuryasOne, coming out of nowhere- obviously not an ODX investor but you have responded quickly to dissuade complaints, absolutely endorses that this share has been manipulated." Maybe I am misreading something here but you clearly state that by me posting it absolutely endorses this share has been manipulated. You actually double down in your opening gambit of your second message by saying "Interesting that your first post ever FuryusOne is a response to someone posting that they were tired of manipulation on this share."
In an attempt to address whatever narrative it is that you have formed - my doubt was that the FSA (sic) had actually responded to OP or if they did, it was lip service. A reasonable position and one I still maintain. This is based on my own dealings with them in a professional sense, the fact they have finite resources and certainly not enough to intensively monitor AIM for a few weeks to initiate legal proceedings. The FCA will always focus their efforts where adverse conduct will have the biggest impact on consumers - the AIM market, whether you want to believe it or not, is not that place.
"Your suggestion that retail investors should suck up market manipulation because we have invested in Aim is outrageous nonsense." - I'd appreciate confirmation of where I said that - make sure you read the paragraph in context before quoting.
I agree the belittling was probably a tad excessive and for that I will apologise, I was attempting to help you realise how ludicrous it is to draw a conclusion that this share is being manipulated from my post. BBs can become horrible places when a share is not going someone's way. That doesn't mean it is market manipulation there is usually a good reason and a bit of research usually uncovers that answer. If people spent half the energy they use moaning about manipulation to research why it would make the boards a far nicer place and lead to constructive conversation rather than the victim complex I have witnessed here.
For the avoidance of doubt - I am invested here, not heavily (roughly 5% of my portfolio) but it is clear to me why the SP is hovering around here. Some would argue it is overvalued considering we don't have confirmation of any orders . I can tell you for a fact and irrespective of alleged market manipulation, if those orders don't come in PI's could lose it all. An outcome I cautioned people to be comfortable with.
Out of genuine interest - can you link the beaumont scandal - I have spent a while trawling the FCA website and their notices section and the only mention I can find relating to Beaumont doesn't appear to be a market manipulation notice.