The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Also explains a lot of the higher intensity shorter information attack.
In my view its taking an ever increasing short position to make relatively small movements now. If / when some positive news comes along, they'll get blown away very quickly.
On the 11th of January as we know the Houti rebels were bombed so it doesn't suprise me a great deal 3 shorts increased the same day.
They're no doubt expecting an esculation of Middle East trouble and have essentially done what shorters did starting back on the 7th of October. Think they're going to be disappointed after the breaking news it's effectively business as usual. When has there not been tension in the Middle east?
All increasing shorts are doing is creating bigger problems for themselves tp get out when it goes pear shaed for them. Keep calm and carry on, come Monday I'll be adding.
Agree with all apart from taking dilution. Sticking to accumulation myself added 30000 more today in one hit, although it showed up as a sell 🤔.
To me, it seems a stability between 25p upto 30p is settling in with support from going below and it just needs time and or an assist from yet more contacts or clarity on finances to start climbing through 30p.
Reminds me of RR it was never going to go above a £1 then momentum built and management changes drove it first through a pound then 2 and 3 far faster than the market, shorts included expected. Having been artificially low it rose on little more than CEO comments from Turbofan after his inaugural burning platform comments on little more than sentiment fundamentally the business was much the same.
In time this in my view is this will break out in a similar way. Until which I'm adding daily.
You obviously know more than BP , Hitachi, Adnoc and all the other clients hiring PFC's services. Clearly they aren't serious about getting important contracts completed using a company that's over according to you.
Shorts know no more than anyone else. Yesterday some increased just in time for the price at one point to increase over 10%.
More and more shorts holding the price down can not go on forever at some point they all have to buy back. If they're wrong, it will be a stampede and if the price jumps quick enough they might not be able to get out at saftey prices they've set.
Would love a starting bid of say £1 a share offered jump the price up at market open one day and watch the shorters incinerate.
But the professional shorters are far smarter and better than informed than the PIs so don't get it wrong I read on here only recently. Come to think of it where is the oracle PC today doing an afternoon at Betfred?
If I was short I wouldn't "forget take over" at all I would be twitching at the possibility. Over the past year the works rolled in while the cost to buy out has dropped.
I would be very worried a competitor, Adnoc or even a partner like BP keen to transform as a net zero company looking at the Tennet deal might surprise the market and step in.