Market's view on Angus Energy
Published on April 2024
- Speculations are discussed regarding a significant drop in share price being a manipulative move by market makers to trigger stop losses before a predicted surge.
- Anticipation grows around rumoured big news expected to be announced shortly.
- Descriptions of the trading activity on the AIM market highlight its perceived corruption and disillusionment with city traders.
- Concerns are expressed over potential insider trading or regulatory breaches in connection with a CEO purchasing a substantial amount of shares just before a potentially favourable event for the company.
- Discussions revolve around the strategy of market makers who might be priming the pump by buying shares to sell at higher prices to naive investors, with further explanations on how they might manipulate the market through late trade reporting and moving bid and ask prices.
- Criticisms are aimed at the Financial Conduct Authority for its perceived inaction and failure to enforce market regulations effectively, suggesting that the AIM market operates with frequent disregard for official rules.