There are, as we all know, some characters in the AIM Game. Ones that run companies, ones that run pump and dump teams, ones that pay pump and dump gangs and ones that just fail their investors year after year, yet still manage to drag more and more unsuspecting, unaware or just plain gullible gamblers into their den.
Now, I'm not going to mention any names because, well, they all know who they are and when you mention certain aspects of their personas so do most others. No need to name and shame, they do that bit themselves!
Recently we have seen the CEO that owns a cluster of wells which struggle to pump a barrel a day, a long term failure when it comes to bringing value to his company, trying to take over another failure, encouraging his investors and theirs to let him in. Increasing the debt position and with no success of his own in numerous years, take control. His reputation precedes him and it will, as usual, trip him up. This is a man that made me a commitment then took the advice of a known pumper and dumper and backed out. A man with no moral backbone who put a screaming ramper before honesty and integrity. Lets hope the Egyptians don't do the same!
Next we have a right ringer. A man that spends more time tweeting rubbish than he does working to bring value to his companies. In over a decade I don't think he has actually produced anything other than dead rabbits from a bottomless hat. With more placings than the words in this write up, the man continues to come up with news that sets the market alight long enough to get a fund raising in before fizzling out as soon as his wages are secured for another year. I see him constantly referred to as a calamity, a con man and a crook. Yet people keep on getting taken in. Of course, this one like the other one above (who allegedly not only pays these people to push his poo but even shorts his own stock when he know he's about to release more earth shattering disappointment) also holds hands with a well known pump and dump media team amongst others.
The pumpers and dumpers themselves, well, anyone who uses Twitter knows them. A hardy bunch who love you when you agree with their ramps and loathe you and block you once you have bought in on their tosh, lost a a load and dared to say anything negative. A group of chums who's leaders are kept informed by these despicable CEO's as to upcoming news so they can build a substantial holding in the cheap, ramp the life out of the 'excellent company and its management' and when everyone has their positions, dump the lot on the back of everyone else's investment making a nice packet whilst leaving all their followers locked in at a loss. One of these cowboys once tried to destroy me, my business and my reputation because I dared to fight back. They don't like anyone with balls!
The latest and by far most amazing piece of news I have read in the last week is this particular pumper and dumper has now teamed up with the most notorious CEO known to man. A CEO who drools cash made from setting up companies, pumping them personally, promises the earth and comes up with just that. Dirt! Now he has formed an allegiance with the most notorious leader of the pumpers and dumpers, someone he was not long ago condemning to the point that anyone on his followers list would be removed if they followed him. Now he's going through that list removing people who don't follow him! You really couldn't make this up. This CEO has just sounded the death knell on any credibility he had left, (which wasn't much anyway) it's as bad as Mrs. May teaming up with the DUP. No morals, no ethics, no integrity.
For anyone about to invest in any company on AIM, examine the assets, the management and the people promoting the company and you still probably won't have a chance of getting it right!