Mood Media Share Discussion Threads

[abc125] 10/9/2008 23:09

A gold miner I like ....LRL... always has fairly narrow spreads for an AIM stock....it has a dual listing though so maybe that's why.

Completed your survey Mailkie btw.

[murcielago] 10/9/2008 22:18

Go for it Malkie! I keep on looking at the spreads on my favourite gold miner, and get put off (good thing too after today's bloodbath). Just cannot understand how they get away with some of them, bloody daylight robbery!

[fox tail] 10/9/2008 20:05

Jeeze what website was that from? you into some strange sh*t bro. I've decided not to mess with you.

er respect.

[malkie] 10/9/2008 19:49

yezz foxtail - no one can argue with you mate!

[fox tail] 10/9/2008 19:36

so it looks like i was right all along. thank you.

[malkie] 10/9/2008 18:08

no one can except us at the moment i'm afraid. not sure if we can fix this right now...

[trixter] 10/9/2008 17:47

tara7 - are you still in riig. What on earth is going on there??

[kent_paul] 10/9/2008 17:47

malkie i cant see the messages people have posted on the poll

[malkie] 10/9/2008 16:57

cheers Stuart - can you spread the word please!!

the website will be up and running within a couple of days with a bit of luck.

You will then be able to register your support, officially join the campaign and be kept up to date with all developments.

cheers

M

[stuart14] 10/9/2008 16:51

Got my vote

[tara7] 10/9/2008 16:42

My point is this, if your miner was great value the stock will come back up and fast, but, and its a big but, how do u value the stock. Investing in a share that is not pouring out profit and cash is high risk, and is not what i would do. That said, we all know the MM have got it made, Do they ever turn a loss,[ on AIM stocks] would be worth finding out. Good luck you are on the right track.

[malkie] 10/9/2008 16:26

tara - SOLG is a gold exploration company. Exploration stocks are valued in different ways to most other sectors since they do not make profits unless or until they get to production or sell their assets. They are a bit like early stage Pharmaceuticals in that respect. Extremely speculative and strictly for those who understand them and the risks involved.

If I was a market maker and effectively the only game in town then I would also be able to do the same thing.

But this is not creating a market. This is profiteering and taking advantage of your position in the market.

You could always bid for that stock once you know its available, but this is not how equitable transparent markets are supposed to work.

Under a correct and proper regime the market makers should not be profiteering, they should simply be creating a market.

This is a fundamental point of principle and one we will be addressing with the LSE & the FSA on behalf of private shareholders.

[tara7] 10/9/2008 15:52

Have to say if i was the MM i would do the same, Money for old rope, now on the plus side i could go in and offer 2p, and should get the lot at half the price that they would have cost me in the morning. IF the copmpany is sound and huge profits are on the way , and the PE is around four, then they are a buy. As so often on AIM the company may be way over valued for what you are getting, if that is the case the MM may have paid to much himself.

[frizzers] 10/9/2008 14:42

No problem.

[tara7] 10/9/2008 13:34

Have you got the two weekly share mags on board.?

[malkie] 10/9/2008 13:31

Frizzers!

Big thank you for the mention in moneyweek!!





http://www.moneyweek.com/news-and-charts/economics/the-real-reason-hedge-funds-are-shutting-down-13595.aspx


Aim – a chance to have your say

Just before I go, some months back I had a go at Aim and its market-maker system. (See: What's wrong with AIM? ). It's another case of a poor incentive structure, I'm afraid. Well, it seems I've started some kind of revolution and some noble private investors have taken it upon themselves to hold an enormous poll about Aim and go to the London Stock Exchange (LSE) with the results.

Their incentive is both financial – as a better market will mean their investments will fare better – and moral, in that if they succeed they should be hailed as heroes by all investors! Vote and have your say - I strongly urge you to do so.

You never know. The LSE might actually listen. After Monday's debacle, it's about time they did something right.


We are now fired up with over 640 polled - so we have doubled over night!!

If you havent completed the poll, please please do so. With enough support, our voice will be heard!!

Our aim is to create as much publicity as possible and present it to Clara Furse personally!

[tara7] 10/9/2008 11:26

If you buy growth shares on a PE of 4 and profits double, the PE comes down to 2, now, that very low PE can not be found on the stockmarket, so your shares go up to a pe of 4 - 20 [as profits roar ahead.] Aim is a great hunting ground, and just the market to be in if u are on the ball. Also note, how many in the city bail out right at the low point, time and time again.

[frizzers] 10/9/2008 11:12

Hey, hey, hey

[monty333] 10/9/2008 10:56

foxtail - spot on

[corrientes] 09/9/2008 22:25

When the crooks realised their number was up at Vancouver, and how feeble the UK regulators were (and still are), AIM became their golden goose.

Interesting that all the sophisticated layers of fictitious money dreamed up by clever crooks in suits, are now disappearing back into their black holes and AIM is just a sideshow in the scheme of things. There are far more pressing problems to resolve if financial armageddon is to be avoided, unfortunately.

[umitw] 09/9/2008 22:23

I think the AIM market has to be in the same par as the FTSE 250!
The investors buy into AIM markets don't always know how it is manipulated everyday.
There should be a watch dog apart from FSA to look into this.