RE: Price Predictions24 Apr 2023 16:43
So it looks like the investors want to hold and shorters' are probably looking to buy back their huge volumes which I guess is possible if there is enough people willing to sell on the demand of such volumes.
At present, it does look like the price is pulling away quicker than they can close, unless the data tables are behind by several days. I think the smaller holding short players have been coming out and therefore the overall 11%-12% is reducing daily.
In the last few days, the sentiment has been to test the 65p to 70p - it looks like and as we are edging closing, although some resistance.
I suspect we will see more buyer holders' driving the price higher. I guess this also means the shorters have to buy-back a lot higher and therefore, the PRIME BROKERS (the ones that have shares for loans) will get their pay-day for betting against them.
In short, this is what we want and, once again, if.... JUST if, PFC have something in the bag waiting to be released and the firms like it, we are well set for our minimum value of this company £1 plus!