RE: Forward selling9 Feb 2019 11:06
Can anyone tell me which firms are the MM's on VAL? (I don't have this information).
I want to compile a report to go to the FCA should there be yet another placing in the next days/weeks.
We all know these placings have worked in the past.
People in the know, allegedly tell their mates about the confidential placing.
People in the know, (the MM's?) must then collude to mark up the price knowing what's going on.
People in the know, then forward sell their shares knowing they will be allocated shares cheaper from the placing.
People in the know, also instruct their broker to sell shares once the sudden price increase has happened.
These people then wait for the price to be ticked back down (by the MM's) and buy back cheaper.
The FCA can easily:
Investigate the last few placings in VAL.
Find out who was involved in the confidential negotiations (and thus "inside"
Find out who the MM's were for each of these recent placings.
List all the "large" trades as soon as the confidential negotiations started.
Ascertain which brokers placed these trades.
Request these brokers to supply who their underlying client is.
My guess is that IF the FCA were prepared to do a full investgation, the same MM's/brokers/clents would be involved and perhaps the FCA could find a link between those who were "inside" and those who made a quick profit.
Perhaps I am way off the mark here?
Perhaps its now a good time to invest in VAL and something positive is about to happen.
Perhaps this is why the price ticked-up and there were lots of shares traded?
Perhaps it was a "pump & dump" and just day traders forcing the price changes?
No doubt we will all find out one day.
However, IF a placing is about to be announced, some people who are "inside" may have broken the rules and this needs to be investigated.
In this day and age and with all the "do-gooders" in the world, the above is pure speculation of course and my take on events. I am not suggesting that anyone from VAL, the MM's or brokers have broken the law.
All I can do is complie my findings and send this evidence to the FCA. It will be the FCA who be judge and jury.
I have close friends who have been invested in VAL for years. They invested their hard earned cash into VAL based on their own choice and have stuck with VAL believing they may recover some of their "losses" one day!
I have seen how VAL's decline has affected their lives. Just when they think the VAL share price is about to start ticking up, their hopes and dreams are immediately quoshed. This has happened far too often.
I welcome any comments from the geniune VAL investors who possibly feel the same way. Any advice or assistance would be greatly appreciated.
I also expect the usual responses from the "trolls" who have no interest in VAL.
I really do hope VAL deliver something positive soon and my friends recover some, all, or better still,more than they originally invested into VAL.
Thanks ev
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