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Well if some geezer called dogger69 says it’s over then it must be haha. Do you think dogger a single person on here is going to act on your worthless post? At least try and do a bit of research to make a constructive argument
Yeah I’m not totally convinced on the change of trend very short term. Feels to me like the same firm have bought back, possibly today for the third time to then short it and scrap the sp down just an extra few pence. Small time and can’t see them breaking 22p. Might all be nonsense so your own research
The barrage of posts from shorts on here tonight reeks of desperation. Feels more and more like the door is closing for them and desperate to squeeze that last bit out. If this hits 22p is like to buy another large amount but from todays trading I’m not convinced.
There are only two possibilities this week
1) I make money on the existing investment at a low average
2) the sp drops further and I double my stake.
Either option won’t please the shorts 👍
Waiting for any kind of serious movement today. I’m not sure if the shorts have taken a day off! Either close or get on with short term drop so I can buy more! I spent a fair amount at the 25p yesterday and I want a bigger drop if I’m buying more
I do wonder if the same firm has short and hedged twice this week and that was cause of the dramatic up tick and fall. If I’m right could be a strong uptick today. Even if it drops I’m happy I choose the wisdom of Bps procurement team
Great post Harry.!
The PIs waiting for the lows to jump in will be getting twitchy now and likewise the small time shorts who will get easily burnt. Fingers crossed there’s a couple more chances to top up at low levels
Good post Harry. You will be added to the champagne canopies list when this share skyrockets. This will be the third time I’ve bought this share consistently as it drops and made a shed load of money. Falling knife? More like a winning lottery ticket. God bless petrofac it will all come right in the end
500 million for a pipeline of 8 billion in contracts and take all the profits the banks would have made. Sounds like an amazing deal someone, but also highlights why the banks will be keen to refinance too