Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. 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.

Tom Winnifrith Bearcast: The London Stockmarket is rigged & devoid of moral compass: ref Falcon & Greka

By Tom Winnifrith

21 April 2016 09:19

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The market is bent and no-one cares. Well I do and will be raising a number of issues at the AGM of the London Stock Exchange next week and hope you will join myself and Lucian there. In this podcast I cover moral choices about who you do business with and some nasty shocks in store for certain folks at www.UKInvestorshow.com then look at how markets are rigged and bent, leaving all involved just fealing sordid. I look at both Greka Drilling (GDL) and Falcon Acquisitions (FAL) as case studies.

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Comments

Filthy Lucre

21 April 2016, 16:03

Are you fealing suitably sordid Tom?
Christopher Deane

21 April 2016, 16:03

Tom, listening to your virtuous crusade against crooks on Aim, it seems incongruous that you espouse such free market beliefs. Surely the Aim wrongs are simply the market failing and require intervention in the same way that other markets fail and need the state to get involved. It seems to me that it’s a matter of opinion as to what the state should regulate and what it should leave alone. Someone of a different view to you might say let Aim investors look out for themselves, but let’s tax polluting mineral extractors at a ridiculously high rate. Who’s right?