Member Info for OrangeMoon

I just slipped and landed straight on the buy button. That's the 2nd time this week!

Keep the faith and think of the long term. No reason currently not to do so.

To the frustration of the shorts who are 'attacking' this share, investors are also increasing.

When value is seen at these levels due to the free information out there; The small group of shorters who may have their own Information (or not) becomes less influential, bringing the share down like a drip feed like were currently seeing.

The attempts to push this down are feeble. And life support for hedges may be required upon next RNS.

I am an investor here and I am increasing.

Thanks to all the negative posters here, keep up your weak non-informative posts ❤️ they help but not in the way that you think.

And before any one of you who is classed as a 'short trader' try a rebutle... this doesn't include you. Just because you take a photo with the football players, doesn't mean you are part of the team. Your actions are more that of a sheep than an institution.

StockNor,

Aren't you trading via CDF? (Leveraged)...

Fill your boots young man.

Shorts increase their position when this starts getting carried away upwards, they try and suppress the SP from flying higher. They are hoping for an RNS that will confirm their commitment at current holding... but will they get there before time runs out for them? or will the SP be boosted outwith their control... It really is a War between PI and Hedges here. Hopefully a few more contracts wins via RNS before the fix, this will really light the fire. More ways than one to skin a cat. Might just take a little publicity campaign PFC.

The support of governments to achieve the energy transition is a real booster for Petrofac. This support will flow down the pipeline to contractors who are also held up due to delays. So it's not just the private sector (Big Oil) that are in petrofacs corner here. Governments too.

So many angles to see a positive Petrofac from.

Happy to go head to head with hedge funds here with my own multiple avenues of analysis.

Nice find there Harry, thanks for this. The bigger picture.

Even if this does hit 20p (Guniess25 gap fill TA)... if the shorts START to exit, one or more of them will be holding the bag way above 25p, we have seen price action when one short reduces (MW)... so at what point does one short close and the others remain open?

I'm in for the long term here and from 25p to 20p is only another 20%, however if this is the level that one of them decides to buy back, eyes are on this like a hawk, so it won't stay there for long. No liquidity and sticky hands.

Most of these funds are in London, friends with each other or in the same groups are likely, this isnt an unknown phenominom. PFC is a GLOBAL company. And deals can be made outwith the shorters circle, which will also play to PFC advantage, just like the 20th December, when the shorts got their first warning shot up their hoop.

I'm comfortable with my position here and confident In the long term, but if this drops to 20p or less, I have alot more ammo in the tank. I'm a balanced investor, shorts do not scare me and I see value at these levels. Unless told otherwise via RNS.

1 RNS is all it takes... a bit risky (for shorts) if you ask me. Glad to be long here and not one surprise RNS away from calling the fire brigade.

That increase by Glg Partners on the 8th Januray doesn't look so smart now...

Anyone else want to give themselves a pat on the back. I'm dying to hear your stories on here... really.

Here's a chocolate biscuit and a juice cup.

Bought at 14.8p, sold at 40p... Yawn.

The only unknown here is that they only disclosed their positions over 0.5%... I worked this out before however due to the unknown position the original opened up between 0%-0.5% they might have a lower average.

What can be deduced is that any open positions between certain time frame are in a loss... and also begs the question... why now? Why have some jumped on the bandwagon and why if they are all so confident, why don't they short a similar amount, some seem more confident than others.

I wonder if there will be as much collusion between shorts during an exit as there is on the way down... or if it will be like the wild west.

"Any one here who dismisses the risk of an equity raise is an idiot and shouldn’t be investing in stock markets."

I don't think anyone who is invested here is an idiot or has dismisses the risk at all... but in our view, the risk/reward here is weighted on the reward side, hence why this hasn't plummeted to 0 (to the dismay of the shorters).

Why would anyone lay down and die due only to the magnitude of the shorters... this is after all what your trying to push here.

Thanks for the message of concern regardless Paul. May all your investments (dare I say it, shorts not bonds) not come to fruition in the future.

It's great to see everyone's input and thoughts on this BB recently. Away from all the squabble. As much as the negative views are discouraging for the invested here, there is some merit in them and I for one appreciate the Input from additional fundamental and technical analysis discussed here (be it positive or negative). Although it doesn't change my own personal investment choice drastically, it does add value.

I've even read posts from people who were previously very negative towards this share (for whatever reason) come up some defence for petrofacs current slide. Maybe they are now invested... who knows.

As we all know, this will come out in the wash, what ever point the shorts decide to exit. Until then, I'm still optimistic of petrofacs new found fuel to reverse the company's last 10 year slide and hopefully some others who have seen this will be an important backing, one that maybe the shorts can't forsee. In which case, they will get what's coming to them.

Added more. Long term investment this is good, shorts here short term. So why not add at the levels in which I feel its worth it (Key word here is I). Regardless of magnitude of the short positions, that's not enough of a scare tactic to keep the paper in my pocket. I also agree there is risk here, but not as much as the potential upside that will be incoming. I'm not saying that as private investors we know more than the ("profetional") shorters, but I'll give them a good run for their money. And I'm not the only one on this board that also believes this. Seems a little risky to me that the closer we get to our NED producing an RNS of sorts the shorts up their bet. Days are ticking down. Joined the team on December 4th... my best guess is less than 3 months to get some sort of writing on paper for a financial fix.

Hi Stoxx,

General consensus here is that this is a buy and hold (from those invested) this would be the majority of people who post on this board - as you would expect.

There are also people here with a more conservative view that it's a wait and see, sometimes coming across as overly negative or non informative, which doesnt help their case however you have to look at both sides of the coin. There is value to be added to your decision if you can siff through the slander.

Generally though, we do think this will increase due to the good fundamentals in the long term with expected volitility in short term until short term finances are resolved. This is my view of this BB alone (also invested) and as always DYOR.

Trax, we're all guilty of it from time to time... can't blame you for defending your position or apposing some of the drivel here. I try to avoid it, although it's tempting to engage. We will get our day again when this returns. ATB

Daz, I viewed the chaos unfolding across at copl, very disheartening to see people (and there seems to be alot of them) from good investors to the average joe lose all their investment.

That being said, I am happy with my investment here and a 10% day swing doesn't change the way I speak to people on a board, feel about the company or the reason I invested. Knives have been out today but its clear that games are being played. Emotions are hard to control and if your in here with too much to lose, volatility is going to shake your emotions like a tree. If anyone is over leveraged, I would suggest re-adjusting you position and you will feel alot better. Only then I would suggest holding. Not if you are uneasy due to the magnitude of your position. Which will get taken advantage of in the days/weeks running up to the next rns.

I have agreed with alot of what most of you have said today, including that these games are b*llsh*t. However this is the game and I wish alot more people showed a bit more decorum to one another.

Petrosaga - The most sensible thing I've read on here today. No one likes to lose a little money or see their stock get played like this, but seems more than a few over leveraged and emotions spilling onto this chat. Hold your shares and maybe more importantly, hold your nerve. Still holding strong for the long term and also glad to take more cheap shares off lose hands.