Member Info for johnychainlocker

@paulcurtis - you said you bought some bonds @40 cents?

Unless we receive a big contract or some other mega good news wchich would really cause a panic the shorters will raise and lower the price on this more times than a bride's nighdress, in order to get out with the absolute min damage to themselves - they're experts at it.

All that is required here is to hold nerve, buy what you can afford to lose and above all be PATIENT

Yep, first thing I did before my top up.

Kaiser - nice one, but delay your hol. a year or two to Dubai and you could probably take in Bali, NZ, West Indies, Safari to Africa, and put a bid in to take Necker Island off Branson!

Hope you ain't thinking about a 'dump' Kaiser, after that nice little buy at 19p

Yep, from the amount of 'This message has been filtered' I can see, they have had get outta bed command from headquarters and get to work!

The more messages the more worried they are!

Bladey, made me laugh, cheers!

Agree Auson, they were(and probably still are to an extent) taking a bet on that.

And also, I'm still convinced there was a leak about having to re-negotiate with creditors

Buy, buy, buy folks, EVERY little buy, even £1k buys, will put pressure on the shorts, 'cos you can bet you're bottom dollar they'll be going into overdrive to try to keep a lid on this rise!

Hands in pockets, take the kid's pocket money, anything!

You're right Al4x, but once these shorting bar-star-ds smell blood they go into feeding frenzy.

I'm also expecting slight pull-back until this afternoon, these shorters know exactly how to work the game to their advantage and will be working hard to get out with min. damage. The late-comers to the party will lose out, and I hope Big-Time!

Dead right Plutus, they've all jumped ship. Leak fixed. Still a lot of debt etc. work to be done but at least we had a statement, which quite frankly was long overdue. Perhaps they were waiting for Aidan to sign on the dotted line, who knows, but certainly an amount of relief in this particular household.

Long way to go but much more confident now - and just stuck another £5k in!

Surely oilhead, the more PI's buying the better.

It lowers the amount of stock available to the shorters AND remember the shorters HAVE to buy back at some stage!

Buy, boys, buy!

Timely reminder Starsailor.

Desperate times and all that, I have just emailed my local MP and asked him to bring the situation with PFC to the attention of the Secretary of State for Business and Trade.

I admit in advance OnSoildGround, to having pilfered a couple of your far more eloquent lines than I could come up with, in that email without any reference to your goodself -(hope ok with that btw?)

Finished email with a compalint about FCA apparently dwelling in a 'black hole' in outer space!!

Any poster living in Saffron Walden - she's your MP

Further Starsailor, I know it's like banging your head against a brick wall but I have again attempted to contact the FCA to ask if they can confirm there is no Naked Short Selling being undertaken with PFC.

Yes, hardly likely to get an answer on one person's email, (perhaps an inundation might just help), and yes it smacks of desperation, but hey, I think we all agree these are desperate times for LTH

With you again DarkKnight.

There's also a great article to be had on Naked Short Selling by Market Makers. Quote from article here: (LINK will be at the bottom!!!)

Could this possibly be happening here??

"Naked shorting is the illegal practice of short-selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed before they sell it short. Due to various loopholes in the rules, and discrepancies between paper and electronic trading systems, naked shorting continues to happen.

These short sales are almost always done only by options market makers because they allegedly need to do so in order to maintain liquidity in the options markets..... "

"https://www.investopedia.com/articles/optioninvestor/09/naked-short-selling.asp"

Yes, but Bridge, these have all been known about for a long time, going back to April etc.

Something else has triggered this and it may be one thing or a combination of things, myself I go for a leak of some sort (on top of all the other probs.) and still believe that PFC are having to re-negotiate debt with creditors

You too PFCvet- always respected your posts, and whilst you are obviously hurting like a lot of us here, think that was a bit harsh on another well repsected poster.

Still each to their own

Don't think anyone has missed that Dark Knight, but very much with you on the rest.

There is something very much afoot and everyone in the dark (ahem!)

Check out the link Racks

Yes, but the German government says it is committed to buying the local division of the Dutch

grid operator. Still huge

LINK!!

"https://www.reuters.com/business/energy/germany-still-plans-buy-local-unit-tennet-econ-ministry-2023-11-19/#:~:text=BERLIN%2C%20Nov%2019%20(Reuters),spokesperson%20told%20Reuters%20on%20Sunday.

Agree Poker - Don't forget also the build up in inventory in the US

"Oil Prices Fall Further As U.S. Crude Oil Inventories See Major Build"

LINK !!!

"https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Fall-Further-As-US-Crude-Oil-Inventories-See-Major-Build.html"