Mood Media Share Discussion Threads

[malkie] 09/9/2008 22:10

cheers krakow!

thanks for the support

[krakow] 09/9/2008 21:50

Good thread. One only has to look at the spreads on Canada and Australia exchanges for example to see just how much AIM punters are getting screwed. More power to your elbow.

[abc125] 09/9/2008 21:35

One thing I have come to realise is that AIM is not for trading. You have to research diligently and be prepared to hold for 2/3 years....having said that, greater liquidity/narower spreads would not be a bad thing.


Tara7

"If, like me you only buy shares on a PE of under 4, in firms growing very fast you will be fine."

Have a look at LIN (Litcomp)....might be your kind of stock!

[malkie] 09/9/2008 21:12

corby - you need a place for buyers to meet sellers.

There are buyers and sellers for all but the sh@tiest stock.

Its just that the market maker gets in the way.

The fact is that AIM is the aberration and most of the other junior markets globally have a system that works.

AIM is broken - smarter people than you and I know it is not working - even the LSE admits it is not working!!!

...and you and Fox tail are sounding more and more like Comical Ali.

come on corby try to keep up

[tara7] 09/9/2008 20:49

Punters who deal on AIM should work just like the MM to make a profit, most go wrong by not buying at the right price. If, like me you only buy shares on a PE of under 4, in firms growing very fast you will be fine. MM buy low and sell high, in my view its great, cos the market re rates my stocks over time, and as the company grows the shares zoom up. I can then sell out as most punters buy in,often the bunch from the city.

[malkie] 09/9/2008 20:48

not exactly max - but all contributions gratefully accepted!!

had a few emails already and a phone call from a gentleman from media - seems there may be a BIG story developing!!

watch this space!!

[maxbubble] 09/9/2008 20:37

malkie...are you getting paid for this thread??...LOL

[malkie] 09/9/2008 20:30

Interesting you should use the estate agent comparison.

The Estate Agent system is not the same as the AIM market maker system.

If it was, the estate agent would buy your house off you and he would then sell it to someone else.

Do you ever see a market maker actually marketing your shares?? Of course you dont. They offer you a price and if you accept it they will buy them from you.
Then they will mark them up and sell them to someone else.

The closest comparison to the estate agent system would be Direct Market Access (DMA) which works on the TSX & ASX.

This allows traders to deal with each other and the system takes a commission for putting the two together. Just like an estate agent.

That is the system we need to replace market makers and that is what smarter people than you and me think.

As I said 3 times already you need to read those articles and look at the header and understand what this thread is about.

[fox tail] 09/9/2008 19:29

jeeze am i getting through here? what else can i do....

[andrbea] 09/9/2008 17:10

got to 1272 in 2006

[kent_paul] 09/9/2008 17:02

andrbea - 9 Sep'08 - 16:30 - 126 of 126



784? it started at 1000 in 1994!

[andrbea] 09/9/2008 16:30

new 5-year low on AIM

see AXX thread

[kent_paul] 09/9/2008 13:30

malkie will you drop me an email, [e-mail]

[malkie] 09/9/2008 09:02

fox tail.

Its not about electronic trading, that wont solve anything. we already have that with many quote driven AIM stocks anyway (all those traded on PLUS).

TSX & ASX work fine as far as trading is concerned."Tin pot" companies get knocked about, but at least there is a basis for trading. Why? because there is not an unwilling middle man standing in the way of the buyer and seller.

This problem is unique to AIM and is because of the Market Maker system.

As i said, please read the articles in the header and then at least you will be able to join in the debate rather than having a different conversation to everyone else.

[fox tail] 09/9/2008 08:18

You can't expect tinpot-small-pox-micro-cap stocks to have a fully liquid market, in some cases there is no market the mm pushes the spread wide as a footbal pitch and covers themselves. An electronic market will be no different, why is there no liquidity because no one wants the stock.

[tara7] 09/9/2008 07:37

A few more of my rules for buying on AIM, look for stocks that have fallen 90% 95% over the last few years, never, ever, buy at time of listing, [at that time you are being sold a story, and are paying far to much.] Just to prove my point at Xmas 08 STP could be bought for.06p Today, we have a brokers target of 3.6p, and a share price of 1.4p. When next results come out, and the city see the profits in the flesh they will rise towards 3.6p, then as profits grow at a fast pace, on to 10p. Buy low sell high is how u can still make huge profits on AIM. good luck. Todays, market is a buyers dream, at least 1 in 100 Aim stocks are worth buying, just go and find them like me.

[malkie] 08/9/2008 23:36

corby - the problem wont solve itself that's for sure.

But the fact that other markets claim to offer solutions means that solutions do exists.



The problem is the Market Maker system itself.

If they don't want to trade, then the market freezes up and that cant be right.

[corbys finest] 08/9/2008 23:13

I understand what you are getting at. But what you wanting is a "matched buyer" system.

I don't see how that would benefit anyone. What are you suggesting.....that say I want to sell 10000 shares in a stock that has a sell price of 20p, the MMs should just "take them on" risk free? I'd rather they offered me 17p than rang around looking for a buyer and only getting offered 12p!

MMs are there to turn a profit whilst making a market. What you are suggesting is that MMs be forced to take on stock. This would sieze the market more than ever.

Its a difficult one.

[corbys finest] 08/9/2008 21:39

Malkie - what are your solutions to this "problem" with the MMs?

Or are you expecting someone else to come up with that?