Member Info for bro-ken-broker

Toxic board today with gloom mongers.

I invested £200k and it's now worth a penny blah blah blah.

If we get it 20p is my next fill.

09-Jan-24 16:38:40 27.83437 400,000 Buy* 111.34k O

See on tomorrow's update.

Order pipeline itself shows how well regarded Petrofac are in the industry, BP renewal, partnered with Hitachi energy and fantastic relationship with adnoc. They even have worked for Shell in the past.

Bid likely, things changed considerably on 20th Dec. Petrofac MKII.

It's starting to get annoying as we were pronised low 20s, now we are stucking buying at near 28!

Feel like the shorters have lost their grip on the share peice.

LTH are doing just fine, no need for selling and some like myself have topped up.

Seems shorters are becoming the desperados and normally frequent here when desperate.

Like i say shorts are grinding to a halt, who exits first? Stampede springs to mind.

Any movements up will trigger daytraders galore.

Unlimited loss risk worth it? Ask Warren Buffet about shorting.

The shorts are grinding to a halt.

The shorters bonfure is being built up again and they will burn even brighter on the next RNS. Unlimited losses at best and bust at worse.

Any PI shorting risks bankruptcy and never ending calls from debt collectors.

Lol

I can see Adnoc taking a stake in Petrofac just like storagge.

Petrofac have done business with storegga in 2021

https://storegga.earth/news/2021/press-releases/storegga-signs-first-customer-mou-for-direct-air-capture-with-petrofac

Petrofac have done business with storegga in 2021

https://storegga.earth/news/2021/press-releases/storegga-signs-first-customer-mou-for-direct-air-capture-with-petrofac

OMG. If it is this is going to explode.

Https://shorttracker.co.uk/company/GB00B0H2K534/

Ladies and gentlemen, the Captain has turned on the Fasten Seat Belt sign. If you haven’t already done so, please start to CLOSE any short positions you have open in Petrofac. We would like to remind all SHORTERS of the exits on this flight should you crash your positions.

Up we go @13:48

WT,

Can't read then? Shorters give us PI investors a lovely low entry point and also tie up shares thus reducing the available float.

I use short positions as part of my investment strategy for the last 5 years and so far it's boosted profits no end. The rule is go LONG, shorters can't compete. RR for example, another great investment coming to fruition.

Still waiting for entry point at 20, for my final tranche.

At a guess increasing, be interesting to see what we get back this afternoon after the 2PM dip.