Polemos Share Discussion Threads

[fonters] 20/5/2018 23:44

But PWhite, I am smarter than you. Reasonable but of googling. Nearly right, but not quite. Did your googling tell you why my previous post (the one where you accused me of slandering you) would fail at the first hurdle??

[pwhite73] 20/5/2018 23:39

Let's just see what tomorrow brings. For the record Lord Justice Eady has dismissed bulletin board defamatory remarks as libel and more akin to slander/saloon bar chat. Don't get smart with me.

[fonters] 20/5/2018 23:13

Which NOMADs are you claiming are also shorting PWhite? You might well have made a defamatory post there PWhite! ( Although not a slanderous one, as your googling might by now have taught you.)

[fonters] 20/5/2018 23:09

PWhite. Another couple of corrections for you. Firstly, I have not claimed you are short PLMO (although methinks she doth protest too much). Secondly, to say you were would not be slander (for two separate reasons - have a little Google and you might learn why). My question to you was - and still is "How many stocks have you been short on?" I ask as you claim a knowledge on the subject, which clearly isn't actually there. If you can't answer that one, do try to answer the slander question. I'll not hold my breath though, PWhite.

[pwhite73] 20/5/2018 22:50

fonters

I wondered how long it would take you to slander me by claiming I am short on PLMO. I am not short nor do you know anybody else who is short. That there are open shorts on the stock is pure speculation on the part of PIs. Only nomads and brokers would truly know the answer to that and they would never divulge as they play the shorting game themselves.

bernymadoff

Don't know about NUOG but I can assure you MRS and AERO have not bagged. Both were utterly destroyed through dilution and both are recovering.

See you all tomorrow and I do sincerely hope you are all right about this rising.

[bernymadoff] 20/5/2018 22:22

Pwhite, if you want to have a sensible conversation about NB's recent form let's start with NUOG, MRS and AERO all of which have bagged or multi bagged.

You sound very bitter mste for someone who isnt invested. Green eyed monster come out?

[fonters] 20/5/2018 22:16

Oh dear PWhite. Do you even start to comprehend how this short occurred? It appears from your comments so far that you do not. It amazes me how little most people know about the subject of being "short".

That being said, and your desperation to play down the pickle these shorters are in aside, there is much else to recommend this stock as a buy just now.

Out of interest, how many stocks have you been short on, in one way or another, to gain your supposed knowledge PWhite?

[pwhite73] 20/5/2018 22:01

Directors pumping money into AIM companies they run means zilch. They can recoup the money a hundred times over via salaries, options, bonuses, warrants, personal expenses like travel placed on the company's accounts, etc. WTF is £75k? ha ha ha.

I don't doubt NB's sincerity to turn PLMO into a profitable business but for me him purchasing £75k worth of stock is no indication the share price is going anyway in the long term. It will only make a sustained movement upward when the markets sees value in the company. The predicted short squeeze that everybody and the Tiggy the cat have been rabbiting on about may well happen tomorrow or it may not. I really have no idea.

[pwhite73] 20/5/2018 21:45

fonters

Your last two comments just goes to show how wet behind the ears you are. In this game the bucket shops are the shorters. As a PI you would never be allowed to take out a short on a microcap stock like PLMO.

Coldspring.

Even for someone with the record of NB he still cannot pull a rabbit out of the hat. The monies that are being raised through the placings is a pittance. Something else has to happen for this share price to rise. Will it involve further dilution? Will it involve a suspension prior to an RTO who knows ?

To be honest I have absolutely no idea whatsoever where this is going next week. But as I said if history is anything to go by it is Joe Mug PI who will pick up the tab for all the shenanigans that have taken place over the last month. I do so hope I am wrong.

[fonters] 20/5/2018 21:28

No, the placing shares simply do not come to the aid of these supposed shorters. I say supposed shorters - but people were frantically buying once the announcement was made that the warrants weren't happening. Looks like some were - and are - desperate to buy. What fun tomorrow.

[fonters] 20/5/2018 21:25

Out of interest PWhite, how would the warrant shorters and the (anonymous) "bucket shop" be in touch with one another? And why would said "bucket shop" sell (privately) for a 10pc profit when they know the shorter is desperate, and will have to pay whatever price is asked?

[fonters] 20/5/2018 21:19

I doubt that PWhite. The "bucket shop" would sell the placing shares into the market, which includes every other potential buyer as well as those short. The placing does not, much, help anyone short, apart from increasing the shares which may be available - which is somewhat countered by the people who will buy shares simply because there might be a short squeeze.

[coldspring] 20/5/2018 21:15

Your forecast fails to take account of the NB turnaround effect also. Look at the track record.....even IF there is no surge tomorrow (a big if) the company is only going up in the short to medium term. There is clearly a plan, just what it is we will have to wait and see.

[pwhite73] 20/5/2018 21:02

fonters

This is why I say nobody knows what's going to happen next week. If the placing shares have gone to bucket shops then they will most certainly be sold onto to the warrant shorters at about 1.2p for a quick 10% profit.

This situation could be an exception but it is normally PIs who pick up the tab for criminal activity that goes on behind the scenes.

[turbotrader2] 20/5/2018 20:55

The new BOD member has a great track recordPmsl MoreEtc

[bernymadoff] 20/5/2018 20:41

Thats right the share price went mental as soon as the rns came out at about 3.30 on Friday afternoon cancelling the warrants and excess application facility. We were some 20% down at that point and ended about 15% up. Looking at the delayed trades that were printed later on showed how much of a scramble there was to close the shorts.

[fonters] 20/5/2018 19:41

As to the placing shares replacing the warrants, it rather depends who is getting the placing shares doesn't it? If they've gone to the same people who thought they were getting warrants, yes, the one would replace the other. If not, the squeeze could well be on.

[fonters] 20/5/2018 19:39

I think because the announcement that the warrants had been cancelled came at 3.30pm - after which time the buying went crazy and the share price rocketed.

[pwhite73] 20/5/2018 19:22

The warrants were cancelled Friday morning. The shares didn't go crazy then so I'm not quite sure why people think they're going to go crazy Monday. Furthermore aren't the cancelled warrants substituted by a new placing of 28 million shares at 1.1p per share. The warrants constituted 27 million shares. One has simply replaced the other or am I missing something?

[ssrover] 20/5/2018 17:32

bashers like barnes and indian ghee scrubber will make no difference here. All they are doing is bringing more attention to the stock which is in our favour.


We already know this is going to go ballistic next week. Just a matter of how much

[barnes4] 20/5/2018 17:07

Bend overs history says it all

[gheebee] 20/5/2018 16:05

I think it was the last thing on Chris Einchcomb's mind in 2015 but it wasn't him that called the suspension, it was the authorities (LSE and FCA). Beaumont Cornish know what happened then better than most.

I will say one thing positive though. With Burton being into marginal oil field development and his new sidekick director being malleable, the announcement by the Business and Communities secretaries last week (on the consultation reference energy from minerals) was a very positive signal in the longer term. Not particularly relevant for Monday and the alleged "short squeeze" situation though.

[bernymadoff] 20/5/2018 15:28

Personally I'm bullish here but then again I would be since I'm invested. Truth is no one knows where the Short squeeze will take this but its going a lot higher before it settles into a more natural range.

Those who are looking at this in terms of fundamentals are totally barking up the wrong tree. The forward selling has created a special situation here that can be exploited for big and rapid gains.

This is no dodgy New World type stock either. Nigel Burton is as textbook as they come when it comes to following the rules. Suspension is the last thing on my mind.

[gheebee] 20/5/2018 15:19

And everyone who bought into that New World rise on the strength of the hype and who didn't get the call to sell before suspension is now receiving his/her paper certificates in a company with 4.75 billion shares, a pot of current assets worth £900k, that isn't traded anywhere and is steered by a director who stuffed up at Polemos with the Seculinx RTO.

Monday could well be a complete damp squib but I'm ready to let events speak for themselves.