Mood Media Share Discussion Threads

[tara7] 08/9/2008 12:13

Yes, the LSE will pester the MM to give u the stock, but have told me in the past to demand the stock would cause a false market.!!!!!!!!!!!!!

[malkie] 08/9/2008 12:11

good input tara - I'm not so sure about 2 years to deliver stock?? can you verify that because THAT would be very interesting.

cheers Dr J! good 2 see u here & thnx 4 the support....

can we start spreading the word re the survey!

on another note.

we want to get a short list of say 10 "quality" AIM stocks that are being punished by the current market.

can we see some suggestions please and reasons why you like them.

Those eventually chosen will be put in the header and set as examples in the forthcoming campaign.

start them coming...

cheers

M

[tara7] 08/9/2008 12:07

Two shares on AIM, that can, and in my view will 10 bag in under 3 years.Punters need to grasp a few basics that make shares go up fast, PROFIT. AIM gives punters like me the chance to make huge 10, 20, 30 times profits. Here*s how i do it. Only buy when the company is telling u all is well , and growth is going through the roof, thus profits, next [unlike most punters who pay a PE of 20 for that growth] pay a PE around 2-5. In doing so,you have removed a large lump of risk, just by buyig at the right price. FTS and SPT fit the bill, first, read the news from each company, then the BB, then make your own mind up.In my view these two are gems and i have bought into both. Good luck.

[dr jekyll] 08/9/2008 11:51

Hi Malkie, good thread and have completed the survey.

[tara7] 08/9/2008 11:41

A few points punters are not told when buying AIM stocks. First often the MM only makes a market in £100 worth of stock in a 20M pound company.!!!!!!! When you sell stock to them it has to be delivered in 3 days, did you know the LSE lets the MM have up to two, yes two years to deliver stock to you after you buy them!!!!!!!!!!!!!!! Third, they the MM can, and do cancel, trades if you buy 3 amounts in half an hour, saying you should have told them the full amount you wanned to buy on the first trade. That said, one way to beat them is for a stock to go up 10 fold in a short space of time, they try to buy stock in by dropping the bid and pushing out the spread, but i just hit them with buys, it works.

[tadtech] 08/9/2008 11:24

Since January 1st

AIM down 27%
Footsie down 19%
Mid Cap 250 down 16%

AIM down 40% more than the Mid Cap!

[kent_paul] 08/9/2008 11:23

what is the difference between AIM and PLUS markets?

[malkie] 08/9/2008 11:12

hitting stops??? That has nothing to do with it. If only enough stops were being hit, then at least there would be some cheap stock around to trade!!

In this climate you simply cannot trade on AIM!!

No point in carrying on with this, we are having two different conversations.

Suggest you read Dominic's article in the header so you can get on the same page as everyone else.



ADVFN have put a a note on the monitor - feed from LSE is down.

[andy] 08/9/2008 11:10

aleman,

"The standard of regulation is very poor."


I totally agree, and coupled with dodgy directors, (chunnmy non execs included!)uncaring NOMADS, FSA not bothering to reply to nor address complaints, and the MM's shafting people, it all adds up to a fairly unpleasant place to be trying to invest and create wealth from a PI's point of view, IMO.

I personally think PI's should boycott AIM until they announce that it will be regulated properly, and a proper independent governing body that will address issues and inform people of their findings.

But that will never happen because the city looks after it's own.

Room Service, Langbar, New Millennium, Minmet, Just group, the list is certainly long, and growing.....

[jonno1] 08/9/2008 11:08

why is it the nasdaq otc market micocaps are mostly quoted 1/10th of a cent wide?, whereas AIM stocks are nearly 15% spreads, a lot of investors have given up with the blatant manipulation, and either NEVER trade AIM stocks ever again, and concentrate on the big board, or if their interest are in resource stocks, use the Canadian Venture, (just as manipulative, but great spreads), as mentioned above the Nasdaq OTC, where there are usually 6-12 MM for each busy stock.

[aleman] 08/9/2008 11:07

Hitting stops is volatility. If MMS are struggling to find stock due to lack of volume, they are always going to work on stops.
Excuse me now. I want to know why all market prices have been suspended. I am extremely cynical and note TV is reporting markets up but not suspension of prices. I always wonder what they try to cover up when they spin only the good news.

[malkie] 08/9/2008 11:03

I dont believe people have claimed they have a problem with volatility. Where did that come from?? We can only dream of volatility!!

As the photo in the header suggest, this is about a market in stagnation and the zombie trading conditions caused by off-putting quoted spreads and market makers not having confidence to encourage/stimulate trading.

What would you propose. Do nothing??

Regulatory issues and corporate governance is a whole different area.

[aleman] 08/9/2008 10:53

You can't complain about lack of volume and then complain the share prices are volatile as MMs move prices up and down to try stimulate volume. AIM prices have done nothing I wouldn't expect on the whole, given the state of current markets with lots of small investor forced selling. There will be lots of exceptions where regulators did sod all. It is the regulators I have issue with. I have emailed specific complaints twice and not received responses. The standard of regulation is very poor.

[malkie] 08/9/2008 10:44

Aleman - very refreshing view.

I think if trading volumes were in the market most would be prepared to soldier on. However they are not and the system seems to be unable or unwilling to make the first move to stimulate trading activity. Surely this cant be acceptable??

[aleman] 08/9/2008 10:33

I like the AIM system. MMs do play games but they are pretty obvious once you get a bit of experience. Small companies are always going to be more volatile - I benefitted in the bull market so can't complain now. Traders who deal electronically get cheaper dealing but worse prices. Setting automatic stop losses is always leaving yourself open to attack. My traditional broker costs more but I almost always get inside the quote and a sympathetic attitude when unusual events affect the market. The SETs system is manipulated more in my experience, especially by shorters. I would prefer to see that abolished. I have been stung on AIM a few times but it was directors that were the problem. We need tighter regulation enforcement and more declaration on things like derivatives positions rather than a new trading system.

(And I'm sick of voting against dodgy directors and excessively generous remuneration schemes that then get supported by (my?) pension investment managers. There should be an inquiry if fund managers vote differently from independent shareholders without a damned good reason. And the non-exec system does not work - they are all buddies. Non-execs should not be allowed to hold other directorships. Corporate governance is a bigger issue than market making in my opinion.)

I suspect todays rally is manipulated with coordinated buying with program trades so it doesn't surprise me that AIM has been left behind. I wouldn't get carried away by the main market rally. Fannie and Freddie are just mortgages. They are just trying to make us fell better to buy time to work out how to find the money to save Lehman which has larger obligations in a more fragile derivatives markets not backed by bricks and mortar. More of Lehman's assets are just somebody else's paper with nothing concrete behind them. Mortgages amounted to $6 trillion I think they said but the other derivatives are up to about $700 trillion (a little over 10 x global GDP!) now I think and still growing. Imagine if Lehman fold and burst that bubble.

[andy] 08/9/2008 09:28

yikyak,

Very apt, IMO!

[tippingpoint] 08/9/2008 08:55

What do you think?

Is the AIM market maker system fair?
Do market makers quote reasonable spreads?
Is the AIM market working well?
Do you think there is price manipulation?

Here is the link to the survey which will take 60 seconds to complete:

[aughton 3] 08/9/2008 08:26

every house builder flying. aaah except one OKD yep on AIM controlled by guess who

[tippingpoint] 08/9/2008 08:13

Nearly up to 300 voters on the poll/survey. Please vote if you havent yet, it only takes a minute to do:

[yikyak] 07/9/2008 21:28

You know my view on London's AIM:

[pamelling] 07/9/2008 15:15

MM's are bottom dwellers preying on other peoples misfortune.....

[kent_paul] 07/9/2008 12:51

its amasing that stocks on aim get treated so badly by investors when large parts of indices have these sort of problems.