Member Info for Sir_Shortalot

Doesn't work like that

They need to buy them from a seller, the shear volume required would rise the price much higher.

A short squeeze is when they are all rushing for the exit and will pay whatever to get out. The problem is that traders want in and not out and add fuel to the fire.

When I saw "multi", all I could think of was multi-bag

Wake me when the price is 150p

I was very surprised with them taking it from 45p to 26p, I got in at 30p average and thought I did well there. congrats to the buyers at 26p

It may be just some shorts closing, I would expect them to start closing in this region.

Doomers disappear when it rises. ahaha

You're right it would be madness. It would also dilute all of the insiders.

PFC just need to ride out the storm, I am positive that banks would lend based on all of the contracts, plus the downpayments for the contracts.

Normally no news means poor/lower than expected results, however I think this already priced in.

This stock is all out the turnaround with the next 12months or the M&A.

Pre-FEED is normally a 3 month study, but means that they are in the running for the FEED and whole project. Whoever is in charge of business development needs some recognition, some strong partnerships going on.

As a contract project manager, I am tempted to join PFC with all of the work going on.

I agree, the last thing the shorts wanted was this reaching 70p/80p and PFC doing a offering. That would have destroyed the shorts. Instead the shorts are keeping it low to prevent a offering in that region, therefore ruling the option of a offering out.

Hedge playing games.

Zoom Out. Zone Out.

See you in Feb

What's the myth here?

As the RNS

Petrofac’s portion of the second contract valued at around US$1.4 billion.

FEED is normally 30% of the contract value - $0.42b

Downpayment is normally 30% of the FEED - $0.126b

Shorts can go and get.........

As per the RNS

Petrofac’s portion of the second contract valued at around US$1.4 billion.

FEED

RE: Hold your nerve. Eyes on the horizon!23 Oct 2023 20:46 oceanpassage

Pipeline is thew right word, although I have my concerns.

Im sure there are a few worried holders heere, and frankly total loss of investment is a possibility.

that being said I would say that the user Dogger 69 is reknowned troll on LSE and all users should feel very at ease ignoring ever post made by this user, as it is a trolling account, I have to admit im extremely surprised it is still active.

that being said it is definetely the pipeline which is the issue, contract tenders and strikerating and trunaround time were the reason I stayed out of this. I would be a bit surprised If PFC avoids being sold out of administration but here to it beating the odds stacked against it.

-------------------------------------

So now we have a pipeline....................

I think we will start to see the Smart Money coming in. Volume down, SP Stabilising, SP sitting on the 1D VWAP.

Paul Shortis

10% is not high, most US stocks are 10% shorted. The problem comes if that real number is 30-40%. Remember losses are infinite, in a short squeeze.

Sat on the VWAP on my 1D chart, today would be the time for it to bounce to maintain a uptrend.

Correct and the market is not full of experienced of EPC's and the engineers that come with them.

With a decent backlog, maybe new bond issues would be the answer (2026/27), as the company is not going anywhere.