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8,188 Posts.
131
13/03/12
11:17
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Hi Hotfire,
I totally agree with you, we have seen it over and over again with those companies which are struggeling and have become vulnerable.
What shorting means is that these companies have an even less chance of turning around, as future cash raisings become more and more expensive.
PLA is not lost yet imho, but they need to make Smokey hills profitable very very soon.
A take-over is certainly on the cards now imho.
time will tell
jojo
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