PETROCELTIC (PCI):CHART AND DISCUSSION THREAD (moderated)

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Hectorp - Thu, 21 Dec 06 :

The inferrence in the FT story Senor, is that its a switch of holder.
IF so this is very good for supporting the share price.

No doubt the MM's manipulated the share price to the position the large share swap could be completed. And NEW holder is a more stable holder.

AS to Cantor or any other large short, they would be quite insane to hold a short position into the New Year on PCI now. But thats only one view.

- Have a good Festive Break, PCI guys.
H.


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