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CategoryFITB

A dummies guide to spotting a PUMP AND DUMP on AIM

The AIM pump and dumps come in all shapes and sizes, from the well organised boiler room scheme scams to a very loose and decentralized pump. Many of the ‘pump and dumps’ now operate exclusively online rather than through the traditional cold calling method used during Mr Belfort’s heyday in the late 80s. I will focus today on the typical social media promoted pump and dump, which tend to be low level and unsophisticated, but that is not to say significant financial loss does not occur.

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FITBUG – A rollercoaster week for the share price. Lessons need to be learnt.

Just a quick comment on the roller coaster that was the FITBUG share price this week and what lessons in my view need to be learnt by companies, market participants and advisers alike.