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I do see an unusual proportion of larger sells in the £10k even as high as £50k mark, so I now accept the theory that there may be a distressed seller, which could be the individual who has been suggested who was holding 9%, and who did badly out of Mothercare.
Rob
If you want to give TIPS, first learn about what will make the stock to move UP after you have mentioned it, like news, good results, volume, uptrend on the chart, etc.
Arrivederci beginner
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It looks like someone has sold recently from JOG and buy into TRIN but it doesn't work either as TRIN is at is lows 8.90p as I speak.
From posting on JOG as a "strong buy" 2 weeks ago, he is now posting as a "strong sell"
It looks like "Rob" is worse than "Judas", he does not know the rules of life but is using the rules of a beginner.
"Robsroom - Posted in: JOG
Posts: 47 - Price: 186.00
RE: Target £6.000 -
6 Nov 2019 07:54
Very impressed to see this holding at 185! Arden have always under estimated the cost and logistical challenges of building a hub. I still have a small holding but largely sold down at 180 and plan to buy again at sub 100. Good Luck."
"Robsroom
Posted in: TRIN -Posts: 48
Price: 9.65 - Strong Buy
RE: rise - 14 Nov 2019 16:19
I took the plunge today and loaded up on Trinity. Figures look good and will lock it away for a couple of years, should come good. Do you know if brokers cover this stock?"
Rob
Leave this room you are out of order on your post. This thread is for JOG business not for ramping, other shares as you have done.
ROBSROOM, Good article. Let the fighter ****s bark.
In all the time I've been posting on here I cannot recall reading an assessment of JOG that is as far from the truth as your pitiful effort, Robsroom. If it's the result of your careful research, you must go through life in a haze.......
GL nonetheless.
Good company and good chance for significant SP growth in the future, but bear in mind..
* They don’t ‘own’ any oil...its deep underground in the North Sea and needs 200M to get it out.
* Any major could have spent 5M on a study and got the licence from the OGA, but they didn’t want to because its a mature basin and there are better options elsewhere.
* Jog is a bunch of guys in an office in Jersey, nothing anyone with capital couldn’t replicate themselves.
* The licence award was a get out of jail free card after the disaster of their ‘safe’ appraisal well which turned out to be a duster.
I’ve been in this stock for the best part of 3 years, they are a good outfit and most likely will come good one day, but that day is years away (I‘ve still got 5k here). Sell now at 160, double within three months at Aminex or FUM....if you like fundamentals look at Trinity which has production in a growth basin and 5M+ profit a year! Like it or not, this will drift down to a pound and even below before any rise :(
A few large trades on the ticker today
Someone is buying big,
but someone is selling large also
otherwise, the share price will be UP for the day
keeping a large spread at the end
Hi dick
re - It would seem to me to make sense for the Company to ask its registrars (Equiniti) to provide up to date information regarding significant holdings and publish this on its website.
Did anyone bother about the above? , I certainly did not as at the moment I am NOT a share holder, yes I am waiting to get some at the right moment, but as the economy, Nation and even the stock's registrars are not at their best, I will be waiting maybe longer than I had in mind.
Master RSI - no-one can say with certainty who is (apparently) providing the MMs with more than just a plentiful supply of stock. What I posted was factual information about a particular situation that had arisen in the period 25 June to 30 Sept 2019. It would seem to me to make sense for the Company to ask its registrars (Equiniti) to provide up to date information regarding significant holdings and publish this on its website.
Sadly, imv the volatility of JOG's share price acts to discourage a significant number of potential investors in JOG. At the current SP level, the market apparently regards the 100MMstb of discovered oil in the GBA - of which JOG owns 100% - as a liability. Is this realistic? My own view is that it's daft. Funding for the development phase will be needed but it's difficult to see why this prove insurmountable, given JOG owns 100% of the 2C resources . Pretences seem to me to be being made in this regard.
PR might be part of the overall issue. Endless numbers of people to whom JOG has "preached the gospel" appear to be heathens so, when a seller emerges (it seems likely the one third drop in SP over the past less than 3 months reflects a share overhang) the price goes only one way. Whilst my holding remains fully intact, I - and people like me - can't be expected to just keep on buying, regardless of our conviction the fundamentals support a much higher price. New 'longer term' blood is needed and it is very slow to emerge, which is no real surprise given it's AIM we're talking about and the "Wild West" was subject to a lot better regulation. Whenever the next piece of news is announced (assuming it isn't immediately interpreted as negative, thereby driving the SP lower still) the SP will do well to recover to close to where it was before the selling began - the MMs will see to that without much effort. I call it "busy fool syndrome".
I can't wait to get out of the markets altogether but will remain patient until my last two stories play out. Only JOG and SQZ to go and I'll be off and running, never to return. I don't judge 'now' to be the right time to sell any of either of my holdings,even assuming I could.
Everyone's finances/needs/ambitions are different. GL whatever you decide to do - any action would be understandable in the absence of clarification of what's really responsible for the long SP drift . More clarity on significant holdings is needed imv.
GLA
dyor