RE: Atlas sale13 Jan 2024 12:30
The whole market is skewed in favour of those with the deepest pockets. Late reporting of trades, late notification of holdings, shady bond deals, use of lawyers to maximise bending of “rules”, FCA having no authority (or will to react?), paid posters, financial “journalists” and probably a whole lot more. What chance has a PI got against all of that?
Last week there was a sophisticated poster (or posters) who was clearly part of something, there’s no way that was normal.
He’s now long gone, to be replaced with the Poundstretcher bargain basement version. What was the purpose of that? I doubt we will ever find out.
At least the action group has applied a bit of pressure and hopefully making those responsible sweat a bit, even if there’s little hope of a successful outcome for PI’s - without them there would be no hope at all.