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.
Aside from the imminent suspension of AIM-listed DQ Entertainment (DQE) as its Nomad resigns today, shares in ShareProphets AIM-China Filthy Forty play Auhua "Clean is my middle name" Energy (ACE) shares are also on the slide once again.
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Comments
Andy
I got out of this before the nomad resigned. I had been away from AIM for 7 years and didn’t realise what a cesspit it had become. There are always dishonest and corrupt people. Twas ever thus. But the point of regulation, even on AIM, is that we are supposed to be able to believe audited figures. There is no point in blaming the crooks, we must blame the AIM regulators. I will not invest on AIM again until such time as the regulations are properly enforced and the books can be trusted. What’s the point? We know investing is risky! But it supposed to be a success/failure risk, not a crook/honest risk! That’s a whole new level of risk that makes an AIM company uninvestable. Tradable maybe….but no patient money for sure. So I will enjoy watching the catastrophes and Lenigas’s of this market; it’s actually a lot of fun:) But I won’t be paying for the privilege.