Quite a disappointing evening, I hoped that I would be wrong
when I tweeted that a single tweet might be unpopular.
Unfortunately I wasn’t with over 50 replies, and some rather
not nice private messages.
1.
“ It won't make me
popular but beware of the two Cornhill pumps #ceb #afpo a few placing shares
in both comps being offloaded while ramping”
Quite why a simple tweet asking investors just to beware
prevoked such anger is interesting. I didn’t say the companies are over valued,
I didn’t say the companies were bad investments. I simple stated one aspect
that I thought that investors needed to know/research before investing. Indeed
in a follow up tweet I said that just because a company is being ramped while
placement shares are being offloaded , doesn’t make that company good or bad.
No, certain ego’s felt threatened and out came the insults.
I deliberately didn’t name any names, or make anything
personal, as to be honest that’s not me. I care more about the research that
folks need to perform and should do on shares, that research should include the
brokers, nomads of companies and how money might be raised.
Quite often when this happens the companies are actually
quite good/even very good investments, as these are actually easier to pump.
The problem is more, that the crew’s move on to the next big thing and the
market then becomes flooded, leading to a fall in the share price.
Two or three years ago, companies used YA, Darwin, Bergen to
raise cash, investors realised that this killed share prices, as they offloaded
into any hint of a share rise for small percentage gains. Now a new way of
raising cash is used…
Each share is dealt with differently, but it’s clear that
some folks have brought into a placement and flipped, or brought into a
placement, ramped the share up, started shorting and then sold the share back
down again (why not make money on both the up and down sides of the spike).
Again I won’t name investors, but the fact that, CEB, AFPO,
SER, NEW, TEA, RRR all have either Cornhill as their broker or Beaumont as
their Nomad, can’t be a coincidence can it? And when we have both of them
together, such as with NEW we get some of the worse greed and corporate
activity known on AIM.
This piece hasn’t come out of nowhere , I’ve been posting
for a few months that investors need to research not only the company but the
companies, supporting that company.
I do hope that those folk that seemed to take everything so
personally last night, carm down a bit. It all reminds me of the bad old days
on the BB’s when a single voice who dared questioned anything got shot down in
flames.
Money does strange things to folks.
BTW I am fully aware that we have various (investment)
groups on Twitter that seem to take everything personally. For information only
I am not with any of them and couldn’t careless. The only thing that I want is a
playing field that’s as level as possible for everyone.
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