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.
Company A on AIM issues good news. The shares go up as private investors buy. Company A then issues shares at a sharp discount to a bunch of coked up City spivs who forward sell and flip the rest post placing so making a quick killing. It is coke and hookers all round in the Square Mile and the poor private investors are back on the cabbage soup. It seems a familiar tale and so after its shares spiked on an offtake deal (great news)…. Stratmin (STGR) duly raised £800,000 at 7p. Bastards. Or maybe not.
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