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POG generally has a very slow reaction to good news for some reason.
It will rise later today if not tomorrow.
New CEO appointed , someone suggested he was free, seems good.
SOS
Are you a “Star Of Shorts”, maybe watching to many movies or a wannabe start??
I’ll remind you that it’s illegal to promote false and missing information.
Yes you have the rights to short, but do it like a man.
Maybe your ****ting your pants, so thinking of ways to exist.
Yes POG has had a slight bad run at the moment with the share price.
But the close of Friday at auction the price jumped from 26.60 to 27.20 approximately 2.30% rise/premium, that’s a huge jump considering SP was being nocked down towards the 3.5% mark.
It suggests, people are seeing value but I think shorts are closing, the more the shorts close the higher the share price goes, then more shorts need to close which pushes the price even higher, until their broker forces and liquidates the position, pushing prices even higher.
Advice for you, if you are shorting close them ASAP before you burn to ashes.
Some activity at the moment, lets see if we can actually finish positive?
Don't want to speak to soon but hopefully we can end the day at 28p, which will be a good restart to recovery.
GLA
Looking positive
UDF, thanks for clarifying that.
I actually completely switched off for a short period so completely unaware of some of the current ongoing issues.
Yes I know I was very stupid, I don’t do basic due diligence before jumping back in, as it looked like POG turned a milestone, It actually did from the SP point of view.
It’s the Fear of Missing out (I actually did miss out, unfortunately stayed out at the wrong time for personal reasons)
Freddie2, I am unsure if your referring to my comment below.
POG generally is slow at reacting to positive news from my experience.
In other words what I am saying is that hopefully it help the SP to an upward tend, we could all do with some good news.
This sounds like a bit of positive news, hopefully we can see some positive upwards trend.
I am bleeding which is getting too much for me now, I have put in the sell order few times recently but then kept changing my mind, thinking it will recover etc.
Yes the RNS states they didn't have anything before.
Since I jumped back in it has just been dropping, sometimes looked liked it was literally forced, it makes more sense if you have these hedge fund/brokers moving the price in there favour, in our case drop it dramatically so they can buy it on the cheap.
The RNS also states that these shares (financial instrument) is a Reverse repo (Shares on loan with right to recall). Its like an agreement to repurchase at a higher price when they come to sell it. Now from what I understand they would want the share price to rise so they can maximise the profit.
Please correct me if I miss understood.
To be honest there is always conflict of interest, hence we will never know the truth about anything really.
Big boys have deep pockets and they can always find ways to make money from whatever the situation.
One thing I do know is the share price is deliberately being kept down, I just hope its bounces back ASAP.
I know.
Unsure how long I can hold, that my main issue.
Looks like “they” whoever they are doing everything they can to keep the price as low as possible.
It’s been like this since I came back after a break when all the upside action happened, I just switched off.
Soon as I jumped in it just kept going down, I got too attached and now still holding on with stupid loss.
I am actually considering exiting and just take the hit because clearly some have a completely different agenda to us little PI’s
Auction is looking a bit better, we may even finish in the blue.
This morning it looked good for few minutes and then everything changed, and this **** went down again.
Its not necessarily a sell, sometimes buy/sell is not recorded correctly plus its an ordinary sale after market close at the closing price. If it was a large sale after hours then it would have been a lot lower than the closing UT price, hence its a Buy in my opinion.
Today its looking good, maybe POG is slow at responding.
I think the results are excellent, we also have some clarity.
Yes the underlying figures are due to one of cost hence the bottom line figure is a small loss without that it would have made a huge profit.
The shorter may just be using it to shake the tree as they say to take advantage of us all
Its a good start...
We have so much catching up to do 28 is still low.
Interim Results and Third Quarter Sales Report Announcement Date
Petropavlovsk PLC (the "Company") is pleased to announce that it will release interim results for the six months ended 30 June 2020 and a third quarter sales report for the three months ending 30 September 2020 on Friday, 30 October 2020 at 07:00 GMT (10:00 Moscow). The interim results and sales report press release will be available to view on the Company's website on the same day.
Details of a call with analysts will be placed on the Company's website.
Yes we need these B......s to burn, they have been taking the P... out of us small PI's.