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Shorts are like Icebergs. You never see what's lurking beneath the surface.
29p down to 25p this week would argue otherwise that shorts are closing.
I can see 25p retested again on the downside early next week.
PFC has been too silent and as time passes you have to expect a refinancing which would not be pleasant at this share price.
Probably just under the threshold at 0.49%. It's what most do. Lure in a few new punters and raise your head above the threshold again. Trap and frustrate until they sell.
Last news was January.
So you can understand market nervousness creeping in.
Will PFC be selling stakes in businesses or how will they get much needed finances?
Just out of interest does anybody know how long you get to publish your results before your shares get suspended ?
Also is that from the date they were due or from when you announce the delay ?
9 times out of 10 eith placings they retreat to the placing price so wait till then. Sometimes they even end up cheaper.
Does anybody have a date for when Mobico's results will be published.
There has to be several write downs and adjustments coming which acts as a large Red flag.
Better to wait until about 120p
Everything that misses forecast is getting punished in these markets.
Far better to let it find its floor rather than catch a falling knife.
What happens when the share price gets to zero?
You've been ramping this all over the place EarlofAim. Its hardly surprising its crashed back down to earth.
Just like an aircraft it looks like its descent and the rampers will have moved onto their next culprit.
Always be wary of no news backed spikes as they are a shorters dream.
Classic pump and dump and the rise presents the perfect opportunity for a fundraise.
Just be very careful as these ones fall just as quick as they rise and sometimes they limit your ability to exit.
Everything banking on a good RNS but if you get even the slightest hint of disappointment then down it will fall and big time.
It should come with a gamble aware warning of 'only bet what you can afford to lose'
I really hope we dont have people over leveraged.
Buy back at 25p
I might get buy some at 1p just to gain some exposure
It is being driven there.
Pfc seems to have started another downtrend the last couple of days.
Never catch a falling knife
Make sure you have a clean set of underwear by your side for when the red dot appears. You'll need them if it is disappointing as you wont be able to trade out as the market makers and systems will be overwhelmed.
I do hope nobody is over leveraged here.
It all boils down to this. Is there enough there to be commercial. Yes or No.
If it's no then you have potentially a 5 or 6 bag fall.
Don't be under any other illusions and always know potential downside risk.
Don't expect any favour either from the market makers either should the wire logging RNS not hit the right notes. They dont own any shares and they are completely ruthless. In fact nothing would please them more than to churn all the same shares over and over again.
0.25p if the next RNS doesn't deliver.
Then you need to fund to drill the next prospect.
Is it not far better to sell all or sell half and park up to limit your exposure and risk. You can always buy back for maybe 0.25p extra if it is positive.
1.5p to 0.25p on £10000 would leave you with £1666.66. It's high stakes gambling