One of the most honest and decent Nomads in town emails me after a visit to his local Chrurch where he reflects on his service of Mammon. He writes:
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Comments
josh
It is a pity you did not name the nomad, so he could be praised instead of shamed .
I agree with him.
And with you in part but greed can not be good.
Juicin Drumroll
As we saw with the schmucks balls deep in Quindell, as despicable a bunch of ignorant, low brow, greedy mofos as you will ever encounter.
They don’t give a flying fuck how or what the company does to raise the sp, they just want it up. Hence their fury at you for unmasking the fraud & costing them money instead of at RT & his band of crooks for perpetrating it.
It’s your fault TW!
turbograndad
The agenda modus operandi, has already been set, we PI’s in our infinite variety, are merely players, as Shakespeare once said.
Greed, a very human trait.
Drunken Sailor
I doubt he / she is the only one that feels that way. It must be hard on the soul prostituting your integrity in a corrupt system to pay the school fees.
josh
I got a call from Beafort this mourning they had knowledge somehow that i had read the post on BEM, on this site.
( I am not a client of theirs )
we talked about the placing they had been knocked back on.
It appears they contacted various individual clients and discussed this placing when i said this means the clients would have inside information of placing before it was announced this mourning ?
I was told its ok to bring clients in as insiders.
Ordinary hard working investors not privy to city gossip . Have the odds stacked against them.
J
Simple Moving Avarice
Curiously enough, over the long term, the stocks which perform the best are those which gently but consistently make money (and hence make a positive contribution to the well-being of society (well mostly!))
Private Investors who constantly chase the next ten-bagger (usually hoping to cash in over a matter of weeks or even days) eventually suffer the same fate as the companies of the manipulative CEOs who lead them on a merry dance.
So there is the making of a modern fable here. Something about town mice and country mice and tortoises and hares and spinning gold from straw.
Drunken Sailor
Josh,
That is how the system works. There are attempts to give ordinary PIs the same access but it is hard. Primary Bid is one model and the Teathers App is another, but for placings relies on doing an overnight book build.
There are some directors who ignore the rules and E-mail out placing presentations to all their mates without making them insiders with all sorts of spurious lies about how the placing is already done but because you are a mate I can get you in. I came across evidence of this, but it was too late to stop it and although I forwarded the evidence to AIM Reg and FCA sweet FA was done about it. The same director, but acting, for a different company, did the same thing again. But this time I got the evidence before it was too late. I alerted both Nomad and Broker about what the Director had done and the placing was pulled and an RNS put out admitting that a placing had been attempted and to level the playing field the placing presentation was put on the company website. No public action was taken against the director concerned. But he was eventually booted off the board of the second company. He is still on the board of the first company, but that has since been booted off of AIM for different reasons.