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I would love to hear from Jonny Two Rr shares. Well done all holders. I am very calm about my holding here
No rush to close here....feel free to close in the 150s, 170s, etc.
ADUK, firstly good to see you back posting. Hope life is well in Niort?
Regarding Dr Trice, he may have proven you can extract oil from FB commercially, but he has cost investors hundreds of thousands each in many cases. To be fair if COVID had. It precipitated an oil price crash, we would have had the cash to get ourselves out of this mess. But with a fair wind and higher oil prices , there may still be hope.
Paddy. Congratulations on keeping the faith and dealing with the naysayers. Not sure if Johnny Twotoes is hanging head in shame, but if he was indeed a novice, he should be!
Agreed that selling out now with so many shorters looking for the exit and cyclical recovery on cards....would be a mistake. never mind the prospective rerate as SFO could be concluded any time.
I sold tlw at 24p only to see them more than double in 6 weeks
Boy i do enjoy a major short squeeze.
I can see SFO being concluded with modest fine a la Wood Group. Shorters are chomping at but to close. Imagine sp with no shorts at all!!
My view is it will surprise to upside as whereas in last week a lot of loose hands sold for a 10% profit, the more shorters wishing to close at once, the more many investors will notice pfc back on upwards trajectory.. so virtuous circle
With OK results, is the consensus shorts will close fully? Certainly, the speed of their closing to date is encouraging. Better management can work wonders too...
With OK results, is the consensus shorts will close fully? Certainly, the speed of their closing to date is encouraging. Better management can work wonders too...
Fund % short change Date changed
BlackRock Investment Management (UK) Limited 2.83% -0.07% 6 Apr 2021
CapeView Capital LLP 1.05% -0.09% 7 Apr 2021
Engadine Partners LLP 0.53% 0.18% 28 Jan 2021
RYE BAY CAPITAL LLP 3.04% -0.32% 7 Apr 2021
WorldQuant LLC 0.97% -0.11% 7 Apr 2021
Total 8.42%
Message to all. Many need to close, 30 million odd. Coincidence 4 out of 5 reduced shorts in 2 days? Debt down, sp held back. Do NOT sell for a 5 to 10 per cent profit. You will regret it IMOV DYOR
I'd also like Dr Trice strung up upside down over tower Bridge and a bucket of rotten tomatoes please
What is CA up to? Look at largest trades yesterday and today. Let's get rid of this arrogant, incompetent, dishonest BOD!!
Paddyboy thanks that was meant to read. Not sure where the iceberg came from. The joys of predictive text
Paddy iceberg long throughout the recent shorting saga here. You have done a great job in defending our investment here against the detractors so thanks on my part.
New BOD dreadful. Feeling the pain here along with all LTH's.
And producing assets , cash, tax losses....
Thanks a lot ISA Investor. Appreciated. As for DebtCamel @ Sarah. She makes valuable points...but she doesn't present any viable alternative. This is the only game in town for those owed redress and shareholders.
The judge is called Sarah Jimmy apparently. Fingers crossed.
We are a lot more likely to get the SoA approved as 1 we are offering an unprecedented deal on future profits and 2 we stopped lending over a year ago apart from to key workers so insolvency if SoA not approved assured, which paradoxically is our saving grace.