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Conservative I may be. But today I am glad I was and sold for a 75% gain in a couple of days. I've been in and out here a lot and every hold has been painful, which is why I am so conservative. I took a stab that it would rise on the RNS. Pure gamble so only threw a little at it. Wish I'd gone bigger now!
Tempted to buy some on any major drop, but so far, the liquidity fix is still stopping me.
Note bond recovery stalled also.
Lol Orange.
I hardly say that as a compliment or an insult.
I was just curious. You are very bullish but that wasn't the main thing that made me think this. It is more so the language. We, us etc when talking about the company.
There certainly wasn't an inplication of insider trading. I actually suspected a non director who was rather enthusiastic about the chances of his companies share price.
I'll wait til the fix is announced before I go gambling that all those shorts are wrong.
Remaining red flags for me...PFC wording interesting. Past tense used when talking about not breaking covenant, bonds stil at 50p in the pound. Cash raise and potential dilution already signposted. Negative shareholder equity.
PFC dug a deep hole for themselves to climb out of and the balance sheet hardly indicates multibag like I previously thought it would when I took part in the 115 RI. Took a while to get me back out of that hole!
That's not what I asked Orange.
There are several clues that have made me think you might work for this lot.
Orange...
Are you an insider? Do you work for PFC?
Shorters probably waiting and will add to their position again soon.
Problem for me is that the real fix has not been announced. And it all depends how badly shareholders are hit versus bonds and others. Got to be some kond of dilution coming.
So, I have free'd up some pennies and will wait and hopefully jump in once I am more confident I won't get an instant haircut!
Thinking along same lines as me Mary. Bit of a recovery but wary of the final fix. Glad I bought a few yesterday but might drop half for the very reason you mention.
All current and ex directors and senior managers should be brought back in and/or made to work off the debt pile they created while claiming profits that they quickly paid out to themselves before running away!
Stupidly or not I took a small punt with WG recovering a bit.
I noticed the bond rise also Jambo. Probably a false flag and lose the lot.
A bit of a hedge for me.WG rose a bit and wonder if some were pricing in them benefitting from any shake up or firesale. So if PFC better than I expect, my WG could pull back and I can get back in. If it turna out to be another PFC turd burger, hopefully WG can swoop on something ...probably not and utter garbage. But fancied a proper gamble over festives. Thinking my odds may be on par with buying lottery ticket partly though
Poor fat thumb typing but hopefully understandable
Questions will have to asked.
Scrutiny on the people and funds that bought the bomds and shares down here. Searching for correlations between those buying and any comtracts announced.
Comments on here are mental! So many people kidding themselves and getting angry at anyone posting anythin remotely negative....when the situation is pretty grim amd we KNOW there is huge risk of dilution.
London stinks. A few traders and closed knit circles trying to line their poclets at OUR expense. PFC should have came out sooner as they were cleqrly knocking on doors looking for cash. And that would habe been noticed without a leak I would expect?
Give me a billion and I'd sort the mess lol.
How many millions does who owe who at this point?
F00ked
Wowsers. Some crackers in here tonight!
Chesire, onsolid et al...option 3...as they themselves state, they look at options across all classes. So, lets assume that fund comes on...what...who gets diluted? Bond holders...do mahor shaleholders give there's over...no...more are issued....dilution of shares.
Question really is how much do they need and hom many shares is that. Given the short attack (by mates of SS fund perhaps?) LOTS for even a small amount given todays market cap. Scary stuff. Vultures on all sides.
gamestop?! grt a grip. those thinking this will happen here need to look into why it happened. that had a huge cult fanbase....does the golden drip of p? probably a few fanboys/girls. but not to the acale of those companies. more likely they ****ed folk off!! ala snapper et al. i worked there but would happily remove that time from my cv at this point.
Ha. Eh kinda Harry44. If you looked at the page today, you would have seen the bid/ask fall off a cliff. Was 20% below that price. No actual trades took place after, so price didn't update. The bid kept dropping away as nobody wanted that risk given todays announcement. Weird how the share price climbed despite a similar risk being present here. Paul was trying to explain some of the reason for the disconnect. Still not fully convinced by it, but is logical.
Thanks PaulC. That makes sense regarding the bonds I guess.
Only questions are; firstly will the bond holders accept this; then will that be enough or, as they do mentionthey are seeking solutions across all classes. So nothing saying they may still dilute shareholders in some way shape or form.
Kinda tempting. But given my history here and remaining mysteries. Think I continie to sit and watch for more certainty to emerge.
It looks like he reposted a warning I made before. I am definitely not snapper. But like him, see through some of the spin.
Doubt anyone would buy the whole thing. As they say, partial sale...of what and for what? Could end up worse in the long run, just to solve todays cashflow.
I just don't get the rise. My thinking more like bonds. Today I see as just a signpost to pain on the 20th. 35p for a 100p bond. The bid keeps droppong as the bond traders try to avoid being landed with theses. I presume Snapper posted my old point as it and I today commented on bond falls while the share blips. Presumably to let MMs get out before it gets too bad.
Bid and ask dropping like a stone. Just sayin'
Dropping this morning... be careful.
Some wives already sharpening the knives!
Well, I don't read that as very rosy really. Exploring options across all classes. Potential dilution. More losses and further into negative equity. Assets potentially going in a buyers market.
Sounds like the fix is yet to come...is it priced in?
Either way, insider trading to the max here in the city cesspit.
ai...lack of empathy is probably the trait most required to suceed in 'the city' and be a ruthless trader. so that proves jack s...
i do think some are enjoying this too much though. i am genuinely sad and almost posted a chin up type message yesterday. stopped myself for fear of sounding like i was gloating.
i can honestly say at this point i just feel sad. for a start, the drops made me happy that i had avoided the car crash (here at least). but as days went on and we hit the levels we're at, all i can think of are the innocents who are losing their ( in many cases) hard earned savings. fleeced by a rotten core who will have sold out long before the preverbial happens...despite being behind it all!
i wish you luck guys. trust me, money ain't everything...it helps of course, but i having led a fruggle life to restore my own finances in the past. i actually found that i prefered it and now turn down big offers to go after stuff that excites me. hope anyone in the real **** finds the same solace i did.