Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It is tempting such is the disgust I feel about the market right now but then I change my mind. In this podcast I look at what is so wrong with AIM, how to fix it and also specifically at the Plus500 and Thomas Cook connection.
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Comments
turbograndad
Agree with all that, and I know your specific point is AIM, and I know this does not detract from that, but the whole world is corrupt, especially where yours truelly is involved, lolly,dosh,wonga,gelt.
You can but dream, but man the exploiter, and great institutionaliser is not going to change his nature, without some serious evolutionary consequences, not even self destruct war has done it, we are seriously fucked in the head.
Our arrogant self regard is seriously misplaced.
Thoughts from the bunker.
Czech Mate (AKA Janos)
Come on Tom, embrace your libertarian instincts.
Market abusers are of course worthy of our highest opprobrium, but let’s embrace the idea of self-reponsibility and allow people to throw their money away without being able to fall back on the excuse that they were tricked – nobody forced them to believe that the tipster had their best interests at heart and nobody forced them to click Buy.
Anybody who throws money at a tip without investigating the reputation and track record of the tipster deserves to lose it. They have people like your good self pointing out who can and can’t be trusted, so after that it’s just their own fault.