By my calculations Short are £100m down currently, this will continue to go higher today and will cause another to start buying back
Marshall Wace clearly wants out don’t be fooled by their games
Marshall Wace are the smartest shorter and realise this isn’t worth it and started buying back
Be interesting to see how much % the shorts closed yesterday 37p finish
Going to rocket into close
Not long before it smashes through 35p
Short squeeze is currently in play
If you are shorting this I hope you are losing that’s all
It’s going to take weeks to buy back this company has managed to get itself back to a good standing and the new contract is just fabulous
Nearly of the company to buy back - absolutely amazing for shareholders
Absolute huge losses here they got this share completely wrong.
New contracts and no chance of going bust, shares going to rocket keep buying dyor
Huge short squeeze happening now, BUY SHARES !!!!
Short squeeze currently happening, if this goes up another 20% it will be panic stations
This is going parabolic -Epic short squeeze coming
Going to really hurt them today
This is how unknowledgeable you are, whatever the shorters did yesterday will be reported today, there would have definitely been some buy backs on the amount who knows, some shorters will try and get out today.
It’s going to be a long upward battle for them, share price will keep rising today and that will cause panic
My opinion it will target 45p, then see what happens from there, no imminent danger now and more contracts, management doing a very good job.
Due to the huge short position, shorters might want out and that will then cause a huge short squeeze to occur accelerating the price even further to the upside
Wow it could be this contract could be even bigger ?!
Another article referring to the Short Squeeze wonder how many firms still going to be getting out today
Https://invezz.com/news/2023/12/20/petrofac-share-price-short-squeeze-explained-why-did-pfc-pop/
Keep the pressure on today folks, these shares have been shorted too much and the trading update was very good. Shorters had thought it was going bust but there’s only way it is heading and that is north. Shares are cheap