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Z
Thank you mate wont be just waiting for UKOG to bail to me out from here.
W.
Please refrain from investing any further till you get professional help. Hope you are able to cope with the stress and are at peace soon. Regards
Z
I have been referred to Clear Minds on a waiting list for 10 weeks. I have personal health insurance too with AXA however as I wont be investing anymore until I sort UKOG out I'm not spending more money.
I'm ok just bit depressed with my shares being down but hopefully everything will be okay just matter of weeks hopefully.
I think you need to see a better doctor. A psychologist perhaps, a good one, who can honestly advice you to stop investing.
Sageman
100% agree with you my punt was based on 2017 and somehow saw the repeat waiting to confirm that's actually happening waiting too long and got caught in the slump.
That's what greed for quick returns does to people like me. I have learnt my lesson hopefully if I come out of it harmless I will make better decisions in the future.
I haven't lost money yet as I'm still holding however a paperloss of this magnitude hurts more than real loss as you cannot invest elsewhere to get money back in fear of the SP going up and losing more having to buy back at higher price.
Another month or so and I'm hoping we get the surge like last summer and this time my average is 2.23 instead of 2.84 and I may buy more to average it lower if I see the start of surge.
I hope all will end well as it's my hard earned money and God will look.after me hopefully.
Warwick, please forgive me but having read your posts you are not an investor at all. You are a gambler. Gamblers generally lose. You place your bet for a month or hoping to get rich quick. Investors do fundamental research and when they buy are happy to take a quick profit but by the same token are happy to hold. You only make or lose money when you buy or sell so actually if you are still holding you have lost no money yet. Investment is about multi asset diversification. As a general rule never hold more than 5% of your portfolio in any one stock and if it is AIM try to restrict to to no more than 10% on Aim with no more than 1-2% in any stock. There are loads of things to invest in all over the world or all different levels of risk. It is depressing to hear someone so worked up.
Thanks Ninetails
thank God the Cricket World Cup starts next week so hopefully as a cricket fan my mind will get bit diverted and hopefully in 3 weeks time we will all be laughing and feel great about our investment.
Then this flies it's faster than airplanes so hopefully it will be sooner than later.
God bless SS and hope he writes a fantastic RNS about the RIG and boom...God bless us all with UKOG.
Warik...I agree with FootieladBaz try and chill out...I bought in high and have averaged down...got a bit more in here than I had planned...still 40% down...there are lots more like us...hang in there, try not let it affect your health and famly.ATB
Baz
Thanks mate down by nearly 60% only invested for short term originally like couple of months with hope of repeat of 2017 shame never happened. Dont need the money straight away but it just depresses watching it down further and further and then there is slight uplift like recently 1.26p RNS drops and it plunges then another RNS about placing boom 0.0020 down causes psychological drain.
And if this was the only beauty if I was holding then I would have been ok.
Have Plus500, GVC, Koovs (another beauty) 5k down almost written off lost 6k with debenhams which was originally 14k thanks to MA bought and sold a few times to reduce to 6k.
So I have now promised not to do investing especially when we had good 10 years of bulls and only put when the market tumbles like 2008 as all the good investment I thought with great fundamentals have been thrown out with Trump tweets and some have reduced to dumb levels.
Warik - Don’t apologise for saying all this here. That’s what we’re here for! I’m personally down 50%. Let’s deal with the fact. We invested in this company, and others because we believed in them at the time, and we still believe in them. As long as you do not need the cash, this is a long-term view. We’re all in this together! All the best, Baz
Lee
Sadly I never was on these BB until my stocks plunged more and more and I didnt have a clue why or wasn't getting any answers so started googling to see that when's I found out about LSE & ADVFN where people had more knowledge than me which is quite easy tbh.
I am glad I didnt pour my money into Angus otherwise I would have committed suicide and that's literally as I would have depressed dropping from 14p to 4p and even considered at 9p with placing. Thank God I didnt touch it as I have a poor habit of buying in 10k shares under £10 shares and 1m in penny shares.
Most times when I'm depressed as hell I look at my 2 kids (6 and 2) and say it's only money my wife thankfully says the same. I cant even sleep properly my wife says I talk about shares in my sleep so imagine I'm crazy to say the least.
Sorry I'm saying all this here but at times I feel better and relieved.
But the new investors will be on better footing as I went in at high they will be going in low.
But I hope everyone makes money big or small dont care.
I don't understand myself how some companies haven't even touched oil yet but are worth more than us, seeing them tankers everyday proves its not a duster, not like 88e where I got stung, its taking longer than expected but better than them rushing it and messing up but any new investors will see your posts and back off
I can send you my statement look at all my post I have been crying for a year.
I'm getting very nervous and anxious my GP signed me off for 2 weeks with stress until 31 May getting more stressed with this.
infact desperate is the right word probably lost all my patience and not getting crazy that's my feeling though.
I love this article hopefully it becomes reality.
https://www.fool.co.uk/investing/2019/01/30/why-i-think-the-ukog-share-price-has-the-potential-to-triple-in-2019/
Give it a rest Warik,you been constantly moaning so much these last 2 weeks im doubting you hold, sounds like deramping from another alternative angle, Lots of people in here losing money hoping SS will turn it round but you are here actually putting people off investing, not a wise move really is it when you want SP to rise
UKOG article by IG
https://www.ig.com/uk/investments/news/share-dealing/2019/05/07/uk-oil-gas-ukog-share-price-is-it-hit-hope
Oce
was reading an article from IG and others how hyped this was in 2017 and I didnt know anything wish I bought for 1p sold for 10p.
if at all this goes 5p I doubt I will stay in that long I would jump off the plane even though I'm too scared off heights. I hope my insurance covers me if I do it and something goes wrong bloody hell that would be the dumbest thing even more than investing in ukog.
Trust is low sadly in the market with all the waffle and BS and delivering over budget always delay.
Think UKOG has always been managed as if it is a bigger company than it is.
Reserves, free cash flow generation, hopefully these will attract the attention of IIs.
Not there yet, but getting there.
oce
So in essence the people that whinge here about dilution wont bother they buy speculation to whatever amount they feel reasonable.
So the under 50m volume is because all the idiots like me not buying as I didnt buy at the same price thinking I dont know what's gonna happen whether 0.008 or 1.20p as this was dancing between 0.95 and 1.10 last year kept watching didnt touch and took up in 3 days to 2.50p and I got it at 2.84 and sinked on me straight away.
Even now I was thinking of topping up 1.2m to make it 6m but thought let the news come dont mind paying 1.25 or even 1.30 once we know there is definite rig somewhere.
Probably you make sense the MM will increase the price dumbos will exit other dumbos will jump in and hopefully 3p I will be out.
I just feel sorry for people who will buy at 3p and sit and cry until they can exit like I got trapped.
warik,
The current share price reflects the absence of IIs.
If IIs were to decide to buy in, the potential for share price "uplift" is substantial, because they don't care about the number of shares in issue, they will simply be wanting to invest a certain amount of £s.
if it was up to me I would have drilled the whole damn place sadly I'm just a spectator here like all of you.
Next month the rig will come and we will get to 3p I would love it.
I have promised myself not to invest a penny in any market and just hold on to what I have which is all bloody down as I bought all at peaks.
Bin him!
As for share price to 3p you need to go buy a rig for Tuesday morning. That would be a start!
That’s the beauty about these boards you learn something everyday.
Good luck with what you have left
GLA!
JWW
how am I pessimistic I have been saying all along that this will go up to atleast 2p with the rig.
i only realized no institutions and all or most idiots like me.
Once i get out of this I'm gonna go counseling and then go to Himalayas to do some meditation for 2 weeks until then I have to suffer sadly.
SHD
I have a premium account manager who's useless always busy when I call.
I told you I'm the dumbest as you can get.
No I must have told them to generate statements every day when I traded every day.
M
Mate I am truly fucked and that's not over statement.
I know about the swings as I have lived for a year sadly not high enough at the time to escape.
Now we all hold the 6047m if someone sells someone buys right I hope atleast this one I got it right? have i?
So last summer we had 700m to nearly 900m volumes for 3/4 days for it to reach from 1p to 2.95p.
So how do we get the price to rise and who's gonna buy?