Member Info for Peakybinder

Ex dividend today, so big drop tomorrow...

80% of the debt is fixed rate until sept 2024.
The reason this is dropping is very simple...
Tiny algorithm sells by short selling.
When they feel there's no further value in reducing, they will start to go long slowly so as not to heavily spike sp.

Can't knock those results in this current market... inwards in upwards...

Yes that's correct.
We went to 112p ish today, so they would have to do less than 107p with 5p divi included.
No offense to anyone, but travel stocks do seem to attract many novice investors, which makes it easier to manipulate the price by using their fears...
But bearing in mind they have probably shorted this from 250p ish, so what's 5p to them?
It's all a big game, I just do it for the challenge and to fund my hobbies, but good luck to everyone here, I don't think there's any long term worry if you have a medium term view...

Long,
Institutional short traders hedge longs against shorts, so it's not all about how low this goes.
That's why we get 10p trading swings as they swop positions.
They can buy back slowly while increasing sp, but there long positions are benefiting from the buys if that makes sense?

I totally agree Paddy. Your plain stupid or addicted to gambling to short it from here.
Nice rise into divi please...

Jam, your probably right..
Either way, I hope it's painful for them after declining 11% !

Isn't the strike only effecting local buses?
Long haul coach business makes the money.
Let em strike all week and see £700 less in their pay packets.
Painful lesson in greed...gla

How low will it get driven on such low volume.
It's the stop losses that will do the damage....

Still expecting a Loss of 4.5m.
I just can't believe this is as high as 29p.....

Good luck for Tuesday

UBS to take over credit Suisse, will be made public any minute.
That will calm markets for Monday.. gla

The 2M is not a buy, it's an uncrossed trade.

He wouldn't get renumeration within a closed period.
This will bounce Monday.
Have a good weekend

Think they have quite a few assets to sell, but how quick to sell them??
Less assets, less future revenue?
Can see this broken up and sold very cheap. Gla

Glad I left a buy open at 50p now.
Will add more below that... Gla

Your exactly right...

The balance sheet now looks like a car crash!! Very badly run business.
Probably end up getting bought very cheap by SCS...

Asset and cash value alone is £2.19p

Right move to sell PFC...
Dow flying in the US, should be business as normal today...gla