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Chris, you are so full of BS. I cant be bothered to argue with your ridiculous explanations. Just thought I'd call out unsubstantiated BS in case any inexperienced PI's ate taken in.
ATB
That what I thought.....
Possibly one of the worst stocks to short......Unless there is some kind of leak or corruption....
Onwards I say.......
CHRI55, please read up about GME, AMC, BB, TSLA. It's not one way traffic. I don't expect this to be hugely shorted at the moment. Oil far too buoyant. Why do you come up with a price of 160 as when the shorting will happen?
So to be clear Chris, these people are currently not shorting PFC but will do from £1.60...
That doesn’t make much sense (to me)....
Surely they would short for a reason or with expectations of something and not on a whim....
Very Interesting......lol
Personally, after watching this board for several months I can say that Neversellshell22 is not a shorter
Hi CSB,
A bit disappointed in your comment which are completely incorrect.
Out of my hundreds of Petrofac post I would love you to point out just 1 that is decamping which is what you accuse me of. In fact you will find several where I have attacked deramper....the last one being 8.29 on 5th March...
I have a very significant sum invested in Petrofac and like most of us are hoping the future is positive....
My comment about shorts being very interesting as I clearly explain was to try and ascertain how they work, where they started etc...
Anyway life is to short to fall out with people either in person or in a share chat board,
Good luck Amigo....
NSS
CSB, it's intriguing how it all works. I was of the understanding when all the manipulation goes on, the protagonists start buying in big once they've sapped a share dry so the bounce happens. Here @101; RR 101; IAG 159(pre rights) Nonetheless IMO this has to be one of the most hugely undervalued propositions about at the moment. I really don't see why this can't be a huge multi bagger over the longer (5-10 year term)
Paddy- hedgies did not close at 101p.
They missed it. So the last 2 shorts cape have are under water losing millions, plus the fees.
Neversellshell - your views do not make right just becausr you say "very interesting".
The best hedge fund manager - Bill Ackman - got his short on Herbalife wrong and lost billions $.
Yet he was the guy with the "big short" as C19 took hold. He made £2.9B with credit hedges.
There are reasons shorts don't close - like purely they assume the worst on SFO.
They could be wrong so they stand to lose tens of millions of on their shorts.
There are a few shorts that shorted PFC at £4 and they HAVE LEFT.
THEY ARE THE ONES WHO WERE RIGHT! Do you not understand?
Please develop your thinking a bit. Shorting PFC at £1.20 is stupid, "not very interesting".
If find it more interesting that AQR was nearly 5% short of PFC in OCT 2017 and closed their short in May 2019.
That is "INTERESTING".
You people coming to de-ramp when the best shorters (AQR) have left - you have missed the boat.
So did Cape and Rey Bay. They will be proven wrong. I've always said that after the best shorter left, AQR, pfc become more interesting prospect. No one cares what the late-train muppets do like Cape. They missed the boat on their short when PFC was over £4. The facts are PFC in seriously undervalued, SFO will have to finish soon, oil price is recovering, PFC is getting into green energy. Plus future divis. There is nothing not to like here, apart from SFO taking a hike. Any hedge fund shorting at these levels is plain dump. That is a fact. Just ask AQR.
So do we know what price these shorts gone it at.
The amount of companies that are shorting PFC
The amount of shares each company holds.
When each company specifcially bought their shorts...
And one you cant answer....In the face of an alledged Super Cycle, Covid ending etc called on multiple from why havent they bailed.
Very interesting.........
I'm expecting the shorters to hit Boohoo big soon, worth watching that one!
Just look what they did to Rolls Royce around rights issue time. Clobbered it right down from @240 right down to 101. Once they were done & dusted & rinsed enough retail investors of all their money, they pushed it right back up to 250 within a week!
In this type of market, the shorts are playing a high risk game & they know it! i can't see them attacking PFC at the moment. Results time could be interesting. They simply used the SFO announcement in January to instil fear in investors, hence a lot of panic selling!
Nomad, as i understand it, they don't physically hold the stock. They borrow it for a prescribed period, dump it on the market until they reach their desired short level (e.g 101 in PFC case). Then they give back the share they hold at 101, pocketing the difference in price between the 2 periods!
Can someone explain to me how the shorters make money if they hold the shorted stock for so many years. How do expect to retrieve profit if they are paying to borrow stock for so long?
How do they expect to see this going any lower when everything is pointing to a recover to at least 170 levels?
I dont get it?!?!