RE: AIM8 Oct 2014 20:24
diplomat,
I am a professional investor of 35 years, and I very rarely touch AIM; I am only here via a poor position in Water Hall, and have managed to recoup much of my loss, by trading it over the last couple of years.
There are some good companies on AIM but they are heavily outweighed by young, immature businesses, but that's what AIM was set up for.
AIM BB's are generally populated by inexperienced and naive punters looking for the next, quick buck. Moving from one stock to another, and many using and abusing others along the way. Try and put a reasoned voice, and you get pilloried, insulted, and even threatened. These sort of people shouldn't be investing...sorry punting, as most of the time they haven't got a Scoobie of what they are dealing in.
So it's unfair just to put the blame at the hands of the companies that populate the market.
I was at the cricket club on Sunday having a nice quiet pint, when one of the lads from a football team came over to me and started telling me everything about LGO. I get worried when this sort of thing happens!
There is some excellent research on here, and I'm more confident than I was in making an overall profit, but even I have been swayed by some posts, and didn't do as I said I would (sell more at 14p), but only have myself to blame.
In summary, all I would say is that just remember what this market actually is, and beware of misinformation. Sorting the wheat from the chaff can be difficult when your heart rules your head.