PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Must be another punter... Keeppluggingaway, can you confirm?
Interesting perspective.
That will be a big rise if 51M shorts close at the same time and 'get out last minute'
Hahah 'it's hard to leave when you can't find the door' - the perfect quote to sum this up.
I'm actually quite happy that our battle is still going on. Only a small reduction :D
It's good to know they are sticking around and there will be plenty more upwards trajectory from todays SP.
Squeezy Squeezy
Half day tomorrow followed by recharging over the New years break.
Next leg up will come in time, it's just a waiting game. Plenty fuel left in the Petrofac tank.
Plenty more orders and info on route. Hold and wait for this to continue the positive streak.
I agree with you downbutnotout. Healthy to close here.
I'd be happy with my 42p end of year target tomorrow but even a few % off ain't bad.
Some additional info coming our way tomorrow after close with regards to remaining/reduced shorts.
Just got some more at 39p too.
And by bought in I mean added.
Just incase any negs want to pipe up before I knock them back down.
My Target yesterday was anything up to 38p. IMO we over shot a little, however makes for a nice red day for MM's to fool weaker hands.
Tactics that are in play just now, small pull back, perfectly natural but don't be fooled... holding here this is going much higher.
I bought in again this morning at 40.5p and still mighty confident. Can't pull the wool over my eyes.
Short of them telling us themselves (Excuse the pun)... All will come out in the wash and we will know in time.
Until then, it's accumulate and hold on the ride up for me.
GLWO
Onwards and upwards... Price target of 72p should be easily achieved by end of Q1 and the balance restored for a lot of LTH.
Yes, there is sense and reasoning behind every trade and it looks like the bulls are winning on this one.
There were a couple of factors to enable this squeeze:
1) Shorters GREED - which was apparent on the biggest short on LSE with no news - Just fear and negativity driven
2) It was not supposed to go down as low at 15p/17p.. Partly due to no news
3) Petrofac played a great game of chess, putting out one of the best RNS's seen in recent years at a time when shorters were over weighted.
It takes a few days for them to show that they have reduced or closed. As much as I like to talk about them burning, alot will have hedged against this. They will still need to close out their positions, which will drive the price further north.
This is something some of us are keeping a close eye on. I wouldn't base your investment strategy on the fact shorts are open. DYOR is the best thing to do. Even shorts get it wrong from time to time. And unfortunately with petrofac, they get it spectacularly wrong and may be trapped.
Yes...
*makes cross signal across chest and touches forehead*
"in nomine patris et filii et spiritus sancti"
One for the shorts:
Youtube: Johnny Cash - Ring of Fire
🔥🔥🔥
After the last few days of trading, I'm getting ever more confident hitting all targets as most previously predicted.
Weldone to everyone who has bought and held over the last few days/weeks and also LTH who have been through hell due to this unjust short attack. Your money will return.
Average short is around 45p but they are already in a heavy firey pit. Not going to let up here. Some more adding for me tomorrow on the eventual rise to an easy 72p on no news. Adding more and more pressure :)
SQUEEZE, SQUEEZE, SQUEEZE
Johntchainlocker Yes I think you are correct. Keeping eyes peeled for whenever they show their hand. Trading days the beginning of the year will be very interesting with this added info.
I'm looking forward to tomorrow to see who and how many have reduced.
That for me will be an interesting piece of info.
Nice Post ValueBuyer. Welcome to the BB.
A lot of Valuable information and good summary to your post there, of which alot of us already knew.
IMO Ramping ever so slightly is good to show your positivity for the share price and also combats the de-rampers.
If we were to listen to the neg heads, as alot have done on the way down, and then sold out... it's not just a one sided game here.
Yes a balanced view and proper research is always advised.
However I for one am doing the front crawl in shorters tears and i'm not getting tired of it either.
Ending that great post with "Am I putting my money in - Absolutely not" Questions why your here in the first place...
I thought I was just going to be swimming in shorters tears tbh...
Now i'm swimming in shorters tears AND listening keeppluggingaways drivel.
The first one I actually signed up for.
Make that 2