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1milliontrademarch
One of the Telegram chats i’ve joined, which has a 1000 members is have a vote Monday morning ( allegedly ) on which company to start a sustained buying pressure to force pain on shorted stocks.
PMO has been short listed - i know where my vote is going lol
Please don’t put DBNO out of a job, reporting live oil prices ????
and to add to your post Emerald.
Who's to say ARCM haven't built up another short without declaring to the market?
'Fool me once shame on you, fool me twice shame on me'!
Joined a few of these discussion boards that look to attack hedge funds who short stocks.
Doing my bit i can to make pmo front & centre for attention.
ARCM must be hurt as painfully as possible on their remaining short position.
I pray we the P.I's now have the last laugh and make ARCM bleed!
They've took enough bread off the table leaving the crumbs to us small folk.
Reddit posts will start to gain traction...
Analogy of rolling a snowball down a hill......
Brilliant stuff EmeraldCarrots!!
i'm still trying to get a hang on the layout of Reddit, but getting there slowly! lol
Hedge Funds and II's must be now re-accessing their positions on shorted stock if they have any brains.
I guess the next important piece of information to obtain will be:
Creditors take shares or the cash
If anyone uses o-x for share dealing (Jarvis) they don’t loan out shares for shorting.
Its a pitty this uprise didn’t happen 12 months earlier... PMO could have been so different....
perhaps this will fundamentally change the whole practise of shorting stocks. hedge funds who openly target vulnerable companies won’t be so reckless with their positions on liabilities that could liquidate their entire fund.
People we are in uncharted waters. and for once the II’s & hedge funds are running scared!!
JUMP
#pumppmo is catchy like it!
Just needs the back story of how a hedge fund could get away building up a stupidly high % of shorted stock, without legally declaring it to the market regulators.
It does come to the point where the money doesn’t matter anymore, it’s the principal of it all!
Needs a catchy hashtag to get noticed.
Reading through todays posts, i see a few people very disgruntled about todays RNS/ SP action.
Unfortunately this is the AIM game and we’re the small fry in the sea.
I was caught out today as well, bought 2.1 million at 1.6p - o well everyone can dream of having the perfect entry lol.
Short term pain long term gain.
For the seasoned investors days like these, are perfectly normal.
I was in GGP and SP went from 5p and dipped to 2.5p for no reason what so ever.
Same could happen here, SP dips again but the main snippet is to hold. 3-4 weeks from now today’s action will be a distant memory.
If you’re planning to hold 6 months + this is all irrelevant.
Sit on hands and chill
Huge holding congrats!
Fyi i just put in the big buy :D
GGP holder now ORR holder.
News looks promising, just hope its not a spike / another share dilution coming up.
ATB holders :D
Be a week tomorrow since their nuclear scientist was assassinated.
This factor could be a catalyst for oil prices to increase on the short term.
I can vouch that i had this exact same dilemma.
Should i doubled down to average my break-even price? As i felt i’d be throwing good money after bad.
But sometimes you have to re-read the fundamentals and go over the information at hand.
As Buffet famously said ‘to be greedy when others are fearful’
One thing is certain ANYTHING is possible!
That makes no sense to go long on one oiler & short on another?
Surely you’d be better off shorting gold?