By Ben Turney | Wednesday 9 April 2014
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.
Last Friday, I predicted that Tower Resources (TRP) would place imminently. Today it did. Is this a lucky coincidence? Of course it isn’t. Time and time again I have watched share prices be pulled into the gutter before a placement is announced. On each occasion, the pattern of trade has been roughly the same. This unashamed market abuse is so endemic on AIM, that the perpetrators can barely be bothered to cover their tracks. They feel safe in the knowledge nothing will be done. However, this time could be different.
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