RE: Yes or No?20 Jun 2021 23:31
matherdj: i quite agree with you. AIM is not a properly regulated stock market. It’s exactly what you and gkb47 are saying it is. No effective oversight, vulnerable private investors left to the tender mercies of dodgy companies, greedy, unscrupulous management and multifarious financial and PR advisers. The money that these people take in salaries, bonuses, options, club memberships, expenses, emoluments etc. has to be paid for and shareholders are the people who foot all the bills, ultimately. Dodgy, unsound, virtually bankrupt companies are kept going with share placings etc., which gullible investors are persuaded to take part in by wildly optimistic and quite unjustified forecasts of much jam tomorrow. Disappointment follows disappointment and then they are persuaded by plausible company shills to “average down”. Ultimately, these shills often recommend these deadbeat companies as “turnaround situations” - just the thing they themselves look to invest in.
I see, on temporarily unfaltering him, that the unpleasant shill Lucky-Strike is asking all and sundry why they still hold shares in this prime turkey. Has he spotted the flaws in Ocelot’s arguments? Can he see no value in it, either?