Member Info for sj1313

So based on forward predictions where do you see this share price by the middle of next year? looking at the contracts lined up? I dont see many other shares with this kind of potential upward protectory

The crazy thing with this share though Pokerchips is where do you place fair value? What other company currently has a market cap of £180 million and billions in contracts waiting to be executed? I think next year is going to be a wild ride up but my opinion and my capital im risking on this.

Its true I will make most of my money from the situation created by the shorts. I did last time

I agree larger companies will build up hedges, and I believe thats their game plan here, but I'm pretty certain some of the smaller shorts cling-ons will get burnt, mentioning no names!

Thank you Dark Knight. I previously saw the article where petrofac have boosted the workforce by 3000 plus. reaffirms my position. I feel a lot more comfortable buying at this level then I would shorting it.

I can confirm Webbs i caught the falling knife before the Tennet deal and I made the most money id ever made in trading over 15 years. Of course I had know prior knowledge of the Tennet but then neither did the shorts

When you say the middle east is destabilized, is it really? obviously the conflict is horrendous but are the oil rich countries going to do anything to jeopardise the oil rich incomes? Sadly probably not

Its kind of a bit obvious though isn't it from everything you've just listed? I mean the same shorts that had access to the loaned shares before are running the same plan knowing that the update will be the 20th? I mean the shorts that got burnt certainly wouldn't have had knowledge of the TenneT deal? But they did it anyway. So the cling-on shorts that are piling in at the moment don't necessarily have any more knowledge than us?

I will be doing the same

Putting all the conspiracy theories aside, because lets face it nobody here has any information that we dont already have, the simple fact is the shorts have extended and fancy their chances up until the 20th. Im going to ride it out too and if the shorts get well and truly shafted like they did over the TenneT deal earlier in the year I wont be shedding a tear!

Following the threads "I think the three clowns" are the same person

The shorts have a limited time frame on this share with an financial update coming, and sadly like ukraine, the middle east conflict will take less of a spotlight, and in my opinion its the middle eastern geo-politics that have caused the shorts to take such an interst in this share. In my view the shorts have shown their hand having to duck out around the CPI data release. They don't have any solid information on the demise of the company. I will top up again and cant believe how low my average is on this share now. Good luck all

I agree oilheadgame, the firm shorting this share are small fry. They've shown they have to dive out every time a big financial announcement is due. US inflation today. Uk tomorrow, expect another rise

You'd be crazy to sell before 80p and in my opinion in the real world even that's a give away with the contracts they have lined up. bring on the december financial update

This is a lot more than oil prices affecting this

Wild ride ahead hold onto your seat!

Yeah failed to complete the transaction, new quote required over and over again. MA must have mopped up the shares

Iweb, was trying to trade for the last ten minutes and totally locked out just on boo hoo, others were fine. not sure if it was because of the volatility.

Not sure about anyone else but i seem to be locked out of buying this on my trading platform? any one else getting this problem?

Over 29p already. 30p by cop tomorrow is probably on the conservative side