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371k buy order filled - current price was for this to fail, clearly not happening. Shorts will reduce exposure
Booooooom going up buy quick otherwise you will be left behind
So much for the derampers 10p target FOOLS
Suppose instead of short term view it now has to turn into a long term view, they now know the debt is secure by swapping for equity, meaning the company can move forward. Yes, losses but that’s one uncertainty out the way.
Second is just the unknown of if they retain contracts won as if no guarantees then bye bye and that’s the larger future profits gone that would restore some faith, ok will take 3-5 years.
The pump the last three days proves one thing, how corrupt the UK market is as persons will have known or why else would you pump ?
Why would the shorts close? The company is on it's knees and with the strong prospect, introduced today, of a debt for equity swap coming. Therefore, my take is it is very likely.
Your post history would suggest otherwise - 1st post regarding pfc…..agenda perhaps?
The news reads anything but ok, best case we only get majorly dilluted, worst case we get even more majorly dilluted and people are saying this is a buying opportunity and buy the dip just like a crypto pump. its amazing. the dillution price could be lower than your buy in, its not a buying oppurtunity, its a spin on a roulette wheel but this wheel has over 1,000,000 numbers on it.
The shorts will definitely buy back today causing the SP to finish and close much higher, I am predicting closing price today 35p
I've been in situations like this before. It rarely ends well for shareholders, despite what anyone says.
I didn't think it was particularly bad. Even if they swap 50% of the company for the debt, that's allows them to move forward debt free with a good future. Share price was 500 not long ago, so could easily go back to 200 or so after dilution. The main thing is just survival, as long as the company survives long term share holders should be a lot better off than they are now. Would be nice to have a bit more concrete info though
So bounced already buys in coming
BTW “It’s OVER”.
This news is exactly what they’ve been waiting for and why they’ve built such a large position. It will be a blood bath until the actual debt for equity numbers are posted. However, it will secure the companies ability to continue trading and as long as they can cover their debt and make a profit, it might finally turn around. Watching closely now for the bottom but I won’t be jumping in until the numbers are published. Wouldn’t be surprised to see a takeover attempt after dilution???
SHORTER`s called it right.
Debt holders to take most equity.
Already the smart and clever people are buying on the drop, we will finish positive later, a big buying opportunity load up load up load up
I can’t get them - this will allow shorts to buy too
I managed 25p woop
This is pretty clear it's a pump and dump.
This market is a joke.
Feel sorry for anyone caught in the pump.
There is absolutely no way this is a coincidence. I'm done with this. Happens too many times with small Mkt cap companies.
No doubt this is the best buying opportunity ever lol.
I got 0.25 to buy
Can’t buy……auction again
In auction I guess, not looking good.
Ffs
25% hit at opening...
Nah ok on H&L currently 27% down.
So I have not invested or shorted PFC in many months, but I kept reading updates. Seeing now how the stock has performed since the 8th of April, I am appalled... Everyone saying this is a fraud/inside, i 100% agree, this is actually one of the more obvious ones that I have seen. Should not be legal, and should DEFINITELY be checked into. I too, am afraid that this will go by as if nothing happened. Just another example of how corrupt the system really can be. I feel sorry for all that are heavily invested here.. Good luck to you all. Hope the SP doesn't tank. As I said I am not invested, I wouldn't be bothered even if the stock went up, but obviously this is not what I am expecting.
GG