Not expecting a good day. Asian markets following US from friday. America now paying the price for early opening. Going to drop but to what level? Brent still holding ok.
Mala - I have been here a while and I just laugh when he shows up. He once posted here all upset that he had missed out on the afternoon's gain (it was a good day for PMO) because his platform had suddenly sold his shares. He had incorrectly set a decimal on a limit order! He is a tool, but a funny one.
Alfa - I think many sitting on the fence now with this second wave stuff. Managed to buy and sell a couple of times this morning (not here). I see DBNO has vanished for now, love seeing him wrong. He will come back when he is right!
I would love it if you worked in the government. Just think of the misinformation and panic you could cause! I wonder if the dow will finish up. If it does will you admit you technical posts are nothing but made up tripe (not that you have to cos everyone knows)......
RE: Is placing or rights issues to be announced?19 Jun 2020 17:29
ARCM - it comforts me to know it was there earlier - means we have more chance of beating it given the longer unchecked period. I did my oxford trial this week - had that blood sample pack. Don't find out though if I have had it or not.
Anyway - an up day is always good. Have a good weekend all.
RE: Is placing or rights issues to be announced?19 Jun 2020 17:23
Mnazir - I think it was the sudden drop in the US market that caused it. The Dow was predicted to be 300 points + up on open then it started dropping. All the drops came at 14:30. The vaccine and number of cases keep being shrugged off by markets. The only figure worth looking at is new infections.
Dabbler and Standard - every time I have paid attention and been influenced by the negative posts I have missed out of gains of 30% + Immune to it now, maybe because I don't over invest! You can hold this share and wonder and wonder why it hasn't re-rated, then one afternoon it will just suddenly take off for no reason you can figure out.
All I ever learned about covenants is that lenders ultimately will want money back so will waiver them. This is an exceptional time. I think there will be a second wave everywhere - but they won't shut down next time. Can you believe the journey from £1.30 to this!
CashF - you have a position here? I sold last week at a small loss then bought back Friday for volume gain using previous days proceeds. 28p average now. Over the years I have messed it up so many times - time to hold now and have a little faith. This is better placed than so many others.
Bought here yesterday, a little bit down but going to hold this one out. Think PMO have done very well and will ride this out. Never thought I would see these prices again when it was over £1. There will be a few games with ARCM but hopefully no dilution.
The FCA will do nothing. No point pretending that holds any weight. ARCM are not like the majority of people here - this talk of shorts being burned etc - they have a portfolio of shorts. They can let a few burn them. You need to understand where you figure in the big picture - get a magnifying glass out
2B Frank - you will be amazed how quickly a market can turn around. Can't believe the prices I am seeing. Before I left work some colleagues were loading into this at 48p thinking it was bargain of the century.