RE: Euro Mega Jackpot28 Nov 2023 11:19
Multi hundred million contracts, Debt, legacy contracts, analyst ratings above £1, earnings forecasted to grow, shorts attacking this daily.
We are at the point where boohoo shares are now higher then PFC which is unreal! They have had the same problems like being destroyed by covid-19, debt and reduced revenues but supposed to be over £1. Also they was one of the most shorted UK stocks and still are!
Yes the share price is low no one saw this coming, yes its concerning, yes its been terrible for long time shareholders. However this is Aim and anything is possible, its also a incredible opportunity to either buy or average down.
Remember last time 40ps to 70ps in 2 days in March 2023, i feel like this will happen again end of December after financials 20th December or PFC will go back to 70p after Jan 2024 in my opinion. Unless there is something very wrong or they do some kind of equity/shareholder wipeout crap but keep the business intact and then make it go over £1.
Someone even asked on twitter and PFC stated the Calendar and website which shows 20th December 2023 for trading date. So clearly they are responding to people and ignoring tweets about share price, they know!
So nothing will happen until 20th December when they state financials and update shareholders. Why people are angry I understand, but filter or ignore the trolls bashing the stock daily. Put your bull or bear thesis, but at least back it by some facts.