Member Info for Chartist2

The rise through 707 jet liner triggered a new wave of automated buys. Now juts one last wall to be taken at 714p, then rise to 730 ish possible again. @TheTraveller, how are you doing these days? All right? Did you cash in some of that huge (huge!) holding you had here? The other day you posted you only held 1,000 shares. Also remember that this ain't your RBS that you've held before with the same strategy (buy and wait). Different to RBS this is not too big to fail :)))

The next bullish trigger (708p) has almost been climbed, but the share price bounced for now. One strategy could be, as seen many times before, to run up the share price (some call it Sp manipulation) as much as possible before the next set of news is announced. - We have seen sudden rising to 940ish, before th Sp collapsed to 800p. - We've seen sudden peaks to 880ish, before some weird news collapsed the price down to 700p. - We now see sudden rising well into 700ish, before the next set of news... Time will tell. And the Sp always speaks the truth :))

tinlid, good man! Generally speaking the Sp maintenance is very important for PLC companies. So that some companies will risk to spend millions of Pounds just to buy back shares. What is the reason for a price maintenance? This has several reasons we wont be able to discuss them all. 1) One of them is "shareholder value", so that all companies who want to maintain a good reputation will either buy back shares. or buy shares through an employee pension plan. Or call allied investors whop help to buy up (leftover) shares to maintain the price. 2) To maintain a certain market capitalization! If a certain m-cap is breached, a company rises into the focus of certain investment funds and vice versa. If PFG loses a certain Sp value as well as its billion m-cap, they will carry a very heavy burden...

The Sp has now cut through the important 698 barrier and even 700p, but it is bouncing at 703. Not sure yet what to make of this. New wave of automated buys will be triggered if 708p is climbed.

tinlid, if someone holds 60, 70 or even 73 percent of a company (like these befriended II's), then they will usually do price maintenance by supporting buys. Often this is because they cannot allow the m-cap to drop below a certain line. Just recently, because there were not any supporting institutional buys, the m-cap has dropped below one billion Pounds(!) for the first time in decades. Another subject to think about is that someone with 70% stake has a strong influence on the share price altogether. So you could be right that they allow shorters to proceed, crash the price down to earth, and buy-out the entire company cheap as chips. Very few normal PIS can hold from 2,000p, 1000p and even just 800p down to 450p. Very people survive this, and PFG can be sure that the majority of (expandable) PIs has left by then.

...and there comes the retrenchement. The Sp immediately starts to bounce again after it has risen for a few hours. Not to sure what to make of the funny last weeks. With Woodford & Invesco as the main company owners it is in their hand to "influence" the share price (mildly speaking). - next barrier around 693-695p would need to be climbed

...that 692p has now been climbed and we are trying to reach 698p. Something is cooking :))

This morning around 10 AM a large 30k trade that instantly lifted the Sp and started this recent rebound. Not sure yet what to make of this. - nice rebound! - if 692.80p are climbed, then new uptrend in the making - confirmed as from 698-700p - like mentioned the good old 670isp line needs to be maintained at all cost - if my entry will be touched once again, I will probably sell 75% and keep just a small 300 share stake invested to see how it pans out - if 660 is breached, the former down-trend will resume, probably to last summers 589p bottom (thus creating a solid double bottom on the chart) Someone mentioned that 73% of the company are held by institutionals. If the current rise is unsustained, then Woodford & friends could stop the supporting buys, let the Sp bottom out nicely around 450-550ish and then announce a takeover for 900-1000p per share. Few PIs can survive such a rollercoaster. So its best to play these sort of games with a couple of K's one has to gamble.

Sp seems to stabilize again after last weeks wobble. IMHO it still needs to climb the massive barrier at 10.80p before the next upleg. Are the copper prices holding it back maybe...? - if 10.80 is climbed (confirmed at 11p) then rise to 13.30 - if 13.30 are climbed, then spike to 17 and 19p

The Sp is about to climb the 700p barrier again. Looks like this could build up in the next few days ahead of the 27th February news.

Looks like you did the right thing :)) Honestly, we now have a nice "W" shaped recovery on the intraday and this could run up to 720ish again prior to company news relased in February.

Once again the 670-675p support line has been maintained. Large market players have placed automated buys at this line.

After several days of selling the DJ as well as FTSE could see a rebound on Monday. In this case you'd see all financials as well as PFG back at the former 700 ish.

Now basically at the platform at around 671p, where you see each and every sell soaked up by Woodford & his market makers.

Also nice to see that today, once in a while actually, we see an accurate mid price on LSE, which currently is 10.15p. Lets see if Asiamet will remain stable throughout todays Friday. Personally I expect a technical rebound for the US markets early next week.

Hi Danger145! These days I am over at ARS/Asiamet which is set to start a new up-trend. As to your question about PFG: - It would be nice if at least 698-700p are maintained. Maybe we will see that later on again. - LTHs are safe to hold as long as 670-675p support is maintained. Take a look at todays low and the swift rebound. Low: 674.80 IMHO also keep in mind that next week Monday the US markets could see (mere) technical rebound to balance some of the current overselling. DYOR folkies!

Nope. Peltata, this is one of the few shares on the FTSE that have already seen a severe consolidation throughout the past months. PFG started correcting even back in spring 2017. Think about it: Few major shares have come so close into the radar, with this sort of reset and thorough new start of its business. Existing shareholders (as well as the 60% II's holders) will look elsewhere for selling possibiities. Vol. Sold 14,980 Vol. Bought 19,916

Anything above 10.20p is very good, because it will be above the former bullish signal lines, 9.88p and 10.19p. - now will need to trigger 11p - then rise to 13.30p - there could be a first hold - if that line is climbed too, then rise to 17p and 19p peak Basically a nice twofold sitting here.

So there comes the upside breakout. With that 727 line triggered the Sp is now heading for the mentioned 735-740p target. As soon this is climbed, then spike to about 790 with a possible 815p. Nice rebound actually!

Very nice upside breakout now. With the ask at 11p now, ARS could be 13.30p by the end of this week. Make sure to keep an eye on the 100k share buyer that started this morning. 07-Feb-1813:35:1110.799950,000Buy* 10.0010.805,400O 07-Feb-1813:34:0710.5050,000Buy* 10.0010.505,250O 07-Feb-1813:33:1110.3154,140Buy* 10.0010.50427.04O 07-Feb-1813:31:2110.45100,000Buy* 10.0010.5010.45kO