RE: Something Odd!!!!25 Mar 2024 19:10
Well whatever it is that is causing the SP to slide despite the amount of buys you are all fully aware that this is AIM .
Every AIM share is at the mercy of market manipulation because penny stocks are easy access to novice investors who are easily spooked out of their investment by the underhand amoral tactics employed by the institutions.
As frustrating that it has become, all you can do is buy in the dips and build your holdings up,.. because the mm's will continue to go about their business in the knowledge that the FCA will keep turning a blind eye to their daily shenanigans.
I personally believe the whole thing stinks of corruption,.. unnecessary dilution of shares , shorting, mm's controlling the SP,.. ponzi companies set up and raising funds for CEO's and BOD's personal gains.
I have averaged down on three different AIM stocks including this one just to stay near to the SP and every time I have poured more money in,.. the SP has gone down further.
Fortunately I have savings and other stocks that are actually generating me an income,..AIM was always a gamble, probably not as exciting as going to Kempton,.. but lesson learned and this is my last throw of the dice as far as AIM shares are concerned unless the FCA takes a serious interest in questioning how a free market should actually work.