Mood Media Share Discussion Threads

[corrientes] 06/9/2008 13:27

AIM = Old Vancouver

[andy] 06/9/2008 13:08

Tadtech,

Interesting stats, but not surprising when you consider the higher risk rating of an AIM stock, and the likely flight to quality in a downturn.

I think AIM has lost all credibility, and is in dire trouble.

They need to regulate it properly, and until they do the trickle away will become a flood, IMO.

[andy] 06/9/2008 13:05

mots,

Inexperienced newbies, not referring to everyone of course, there are many wise and experienced investors here for sure, but if you read the popular threads on ADVFN, it's obvious there are quite a few!

[tadtech] 06/9/2008 12:42

AIM out of proportion fall, 40% more than Mid Cap 250???




From the start of year


AIM ALL Share has fallen 27%
Mid Cap 250 16%
FOOTSIE 100 19%


Shows the huge effect the shorters are having.

[andy] 06/9/2008 12:33

malkie,

Just completed the survey, well done for doing this.

Just checked the results though, and the answer to question 1 astounds me!



70% of people say they have trouble buying the quantities they want!
Either they should lift the phone, or if there is no dealer to ring, find a new broker. I have never been refused stock over the phone, although occasionally had to pay a small premium for size.

Of course, it's entirely possible others are looking for much larger tranches than I, but I see this mentioned so often, and when asked, the poster admits he did not ring.

[andy] 06/9/2008 12:20

Tadtech,

I think they are working on the principal that another lot of plankton will come along in due course, and they will then set about fleecing them too.

Thye may come unstuck because of the WWW though, and we can warn others, but look at the comments that occur on threads if a bear makes a comment on a thread, they get savaged!

So maybe the new plankton will make the same mistakes as the old?

I fear they will.

[tadtech] 06/9/2008 12:04

The funny thing about the MM'ers is that their antics are actually putting themselves out of work.

Wide spreads, manipulation, unrealistic markdowns, low online limits and most likely assisting their shorting chums means that volumes on the AIM are minuscule.

No volume equals no trading and no trading equals no commission equals less profit equals eventual redundancies.

When will they learn?

[mots] 06/9/2008 12:00

A welcome debate - the aim sucks,but so do many of the companies listed on it.


Completed your survey


btw

[timanglin] 06/9/2008 11:58

The MM system generates huge spreads and is purely biased towards MM profit, of which i single handedly have probably improved significantly.

For me, AIM is purely for 2-3 year investments - NOT 'trading', and in small amounts, with dividend payers. As far as i am concerned the only reason to buy an AIM stock is if it is a more than double bagger in a 2-3 year timeframe, of which there are not many about.

The reason for keeping my investments(in general) in small amounts is in order to exit sharply, if necessary.

Bluntly for me AIM is a bit of a hobby, with some pocket money, because i like watching the stories unfold and it keeps me in tune with the outside world.

This policy of, in general, keeping to dividend payers with growth prospects, narrows my purchasing possibilities to a mere handful. Remember some currect accounts are paying 8% pa interest.

To break my rule, I am in small amounts in SER and MRP, small amounts, because of the growth prospects.

GVC continues to be my main holding for the above reasons.

[konil] 06/9/2008 11:24

spreads are often ridiculous.

deal sizes are manipulated so much to either exclude or suck in pi's, its laughable.

currently best way to overcome this is the electronic order book but not all stocks are on it and the other issue is that not all retail brokers provide direct market access for their customers, so even if a stock in on the electronic order book, orders still have to be routed through mms. why is this? - technically difficult? cost? retail broker apathy?

[andglen] 06/9/2008 09:09

Max....the mm's play with the spreads quite deliberately and spike prices on no news and no demand to suck people in...thats not the company's doing.

You're right...there have been bad directors etc out there but look at firms like DWY,SLN,PET,HAWK at the moment and you'll see decent companies who's share prices are being manipulated deliberately ....its not creating a market it robbing the small investor.

Explain why a price drops 10% in a morning only to turn blue by day end...thats done to knock automated stops out and accumulate shares....which is tantamount to theft.

Just MHO

[tonystringy] 06/9/2008 00:18

"This thread is intended to start a debate about the state of the AIM Market Maker system and its effect on AIM Small Cap stocks."


-It's a bloody shambles!

I'll comment further if I get time over the weekend. Completed the questionnaire........good work!

Keep it up!!!

[malkie] 05/9/2008 23:51

184 polled at the end of the first day - great!! thank you all!

Please keep this thread buzzing...keep returning and keep posting!

lets get to the magic 5k asap!!

[tpain] 05/9/2008 23:47

I think bed is the best place to go guys!

[tippingpoint] 05/9/2008 23:38

Indeed.

We have been screwed for years. It's time to find an alternative way......

But we need lots of voters to help give us the impetus, evidence and momentum to move forward. So please get voting!!!

[kent_paul] 05/9/2008 22:49

well the results so far are fairly endighting

[inga66] 05/9/2008 21:38

Hi - just a short note to say i agree that there is too much underhand manipulation and shorting going on and have filled out the survey.

[andglen] 05/9/2008 20:08

Yep...too much manipulation going on ...at this time the only ones making out of these markets are the MM's. Recently SLN spiked 17% in the space of 3 hrs then dropped again by day end. PET too has seen far far too much manipulation which I and others have complained about and been fobbed of with automated responses.

People power now needed. I've voted and will encourage others to do so.

Hint against "shorting" gangs...put a sell order on all your shares...at way above any price you are likely to sell. They cannot then be loaned out as they are held in a live order.

Good luck

[tippingpoint] 05/9/2008 19:22

Is it time for a revolution then!!!!

[malkie] 05/9/2008 18:47

Miamigo - in a word - it didnt go. Total shambles they didnt return my calls.

Maybe they will come good , maybe they wont. they are trading at 7p right now and look dead in the water.... i do look at them from time to time.

stegrego - I think its mostly about liquidity and risk averse market makers.
Stocks on all exchanges can be good or bad. But with this market maker system and secondary market not promoted investors are always at their mercy.



132 polled on day one - give yourselves a big round of applause!!

[miamigo] 05/9/2008 18:36

Malkie
Seriously- I'd like to know how things went. I haven't looked at NEB for some years.

[stegrego] 05/9/2008 18:33

To be honest, i prefer MMs to SETSMM - bloody hate that, can be manipulated easier than MMs.

I think a lot of the time the 'MMs' are just excuses for people picking bad stocks....