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.
Why, at ShareProphets, do we call London’s Alternative Investment Market a cesspit? Because it’s too easy to cheat. If you are of a certain corrupt mindset, then AIM is the perfect breeding ground for you to hatch all manner of devious plans to con people out of their money. You can plot your nefarious schemes, safe in the knowledge that absolutely nothing will be done to stop you. In any other walk of life theft is a criminal offense. However, thanks to the veneer of respectability that the London Stock Exchange affords to AIM, this inconvenient social convention is not only ignored it is trampled all over. Wearing a white collar, it seems, grants you immunity from prosecution.
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