RE: sp10 Jul 2020 12:15
Spratt1982
Interesting point but the thing I do not get that I cannot remember seeing anyone on this board saying they have bought low quantities of this share at well above the ask. (I may be wrong as I cannot fully read all the posts on this board). This is unusual because ordinary traders on this board would probably admit to it and attempt to provide logical reasons.
It does strike me that all these minor trades at this morning are computer generated false trades produced for what reason we do not know and can only guess.
We do know that Aim is basically unregulated and unaccountable and we do know that if a financial system is open to abuse/fraudulant manipulation then there will definately be those exploiting it if they can for personal gain (criminally or merely that it is may not be illegal).
Unfortunately, I do not have the time left/inclination to fully delve, at my time of life, into the intricacies of what is going on with computerized millisecond transactions in relation to CFD's /shorting and all the other potential aspects/scams of the Aim market, Its brokers/Its MM's and everyone else involved in its operation and perhaps it does not matter too much.
I take pleasure from the fact that possibly in the years prior to GGP prospects being well known maybe around 30% (pure guesswork) lost money on their portfolios on Aim now GGP is a must in any portfolio maybe the percentage is the other way with 30% (pure guesswork) making very good money on their portfolios.
There may be those that feel this has cost them large amounts of previously easy money and they seek to try and take it back by manipulation or other nefarious means. Who knows?
In the ordinary scheme of things I believe its currently more important to keep ones focus on the present to try and protect the gains made and benefit from the future shorter/medium term gains to be made. Like many, although I believe the future is bright, I may have to consider at some stage long term positions in relation to age and I do not forget the Newmont saga.