Pursuit Pumping into a $22 Billion Market!!!!

The eloquence of Codswallop may be a bit annoying, but there are some very important points being raised. AIM is a 'sheepdip' - I agree - the bid and offer spreads are absolutely attrocious - 10% and upwards in many cases - therefore risk control is joke - a stop loss as high as 10% does not give you room to manouver - buy £10k and it costs you £10k to get in.

The market makers move the share price in whatever direction they choose - perfect examples - unfortunately - Zoo digital, etc etc where the prices spiked upwards and then hit the floor. Its a bit like being at the funfair - with pain - you hit the metal plate with your hammer hoping to ring the bell in the strongman competition - you start rising and then fall quickly - and the MM's are happy to take yet more cash off you.


And the tipsters have all this lovely information they want to share with you - for a few quid - because they are doing it out of the goodness of their heart.

Why have Pain on AIM and OFFEX - when most of the pain is based on wishful thinking. How many times have you heard people ramp, and de-ramp based on what - not a lot. I have even heard people thanking others for the wonderful research that has been done - and they will now buy a share cos someone with a name like DonaldDuck told them it was a ten bagger...............get real folks.

The best traders in the world do not trade AIM - why is that? because they are risk averse, protect their capital and do not want to give their money to the market makers. Unfortunately many people trading on AIM right now will say that I am talking rubbish, and will continue until in 9 months time they have no money left. Meanwhile the market makers will sucker you in - sure there will be some companies you will make money on - but on average the law of probability is against you - hugely against you - especially on AIM.

Good luck in 2004 - no coincidence that Aimless and AIM share the first 3 letters.

Ready AIM Fire - you've been shot and burned .. and in that order.