RE: James steel cannot be trusted20 Mar 2024 11:28
Fascinating post Bigeasy. Thank you.
I'm watching closely here for signs of the next moves to be made by PH and RF. What you write makes a lot of sense unfortunately. It beggars belief that this kind of operation is legal in the UK but I guess the FCA needs the whole CITY and LSE to make money in order to exist, even if some small part of that success is at the direct expense of UK and other retail investors. I personally think AIM should be overhauled as these financial scams, sorry, schemes, are put together expressly to fool pis and take money off them. I know it will never happen but that's why people should be acutely aware what they're getting into when they buy shares in any AIM company. Things are never as they seem!
Hopefully for everyone here the next news will dump the share price just for a very short space of time, but to the point where RF/PH and Cheek think it can only go back up. Hopefully the dump will be very short lived so people aren't too stressed by it. At least you make the point that RF and co will make masses more profit by closing their shorts and then letting the good news do the rest for the company and it's ordinary share holders and watching it go all the back to 30p + That's what I hope happens here for all genuine holders. I know I'm not in at the moment but I'm absolutely ready on the sidelines to get back in should things start to happen. You may well be right in that I miss out on a good part of the rise by being locked out but I'd rather be in that position than the one I've found myself in over the last few years here ie watching management make a hash of pretty much everything it tries and allowing the sharks to get closer and closer to taking their inevitable bite.
I suspect another bump or two in the road and then brighter skies ahead for everyone invested. LTHs really deserve something good out of this finally