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For me yesterday and today have been a huge green light. There's nobody with more inside information then the current employees of petrofac, that's right not even snapper!!!!!!!! they had their share issue today as part of their company package and i dont expect to see a massive sell off as a result. If insdie employees knew they were going to be wiped out or even had an inkling they will be selling like crazy. Hasnt happened. Business as usual which has led me to increase my holding. good luck all holders
Oh dear snapper sounds like you might have been stupid enough to take a short position out on this company. I was giving you the benefit of the doubt that the negative posts were to bag a bargain at the bottom. clocks ticking for you I'd say
In a way Yorkshire Blues its a good sign for us holders when the shorts on here spend so much time convincing themselves that they are doing the right thing, when their bank accounts will shortly confirm they made a heinous error
I agree JXP PFC is an incredibly leaky ship where there's a rise or drop every time before there's significant news. I cant complain though as the faith in PFC is repaid again. shorts play a dangerous game with this share
Question is though sandancer if the biggest short on this share is trimming do they have complete confidence in what they are doing? If they really had information that none of us are privy too wouldn't they be going all out? or maybe they are gambling just as much as everyone else?