By James Parter | Monday 16 June 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.
Today I will unveil a fact about the market that has always existed. Investors, or who are really, Pump and Dumpers, keep the trash on AIM alive. I know my colleague Doc Holiday has penned a bull piece on Astar Minerals (ASTA) and I respect him deeply, but I just cannot agree with his call at the 2.3p share price now. He is up hugely on his tip so he was very right. Astar is being priced at £3.1 million, when in any bearish market, or any market where pump and dumpers are hopeless, the company would be long gone, in the ditches. Sayonara Astar.
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