RE: James Berwick18 Dec 2019 12:03
O,
Tiptop, Tiburn, Irishmouse etc. probably gave a false sense of security to less experienced investors with their unending flow of over-confident and unrealistic projections and suppositions, causing the investors to average down as the price fell ever further. And even when the obvious risks (eg. Lack of reliabily of SNPC etc.) were pointed out by many of the more conservative investors, instead of being accepted as something to consider, these risks were simply rejected out of hand as baseless. While TT, T and IM were relentless postets and relentless rampers, once the risk issue had been raised the more conservative investors generally either could not be bothered arguing further or - unlike these 3 - had better things to do with their time. Thus TT, T and IM probably convinced investors to invest more than they should have, simply through the large volume of their postings. So yes, I think they have caused financial loss to some investors.
Shame - happens on so many LSE AIM boards.