Member Info for Alibro

The general trend for JOG over the last few years has been big jumps on news followed by a slow decline.

The last time it dropped to 150 was 2 years ago and it stayed at these levels for quite a while.

I suspect It's going to take more news to lift the price

Quoting Varnish here.

"What the price drop in 2017 and 2019 has to do with the position JOG are in now is a bit beyond me and I strongly disagree that "buying JOG shares is taking a punt".

I have both lost and made thousands here but it was always money I could afford to lose even it it hurt and thankfully I got it all back plus some. On every occasion 99% of the posters here said exactly the same as you, right up to the point they lost most of their savings and were never heard from again.

I'm not saying JOG is a bad company and I do agree it is worth buying at this price but it is definitely not a certainty.

The price of JOG shares has always had more to do with news from JOG, momentum and sentiment than the POO.

To answer Cyril2's question "What is the worst case scenario" take a look at the price history.

In 2017 the price dropped from 236 to 68 overnight, in 2019 it did something similar. Yes the price rebounded both times but if you were the poor sap that lost everything by selling after the drop then you would know what the worst case case scenario is.

In my opinion (for what it's worth) buying JOG shares is taking a punt which could go either way, I'm not prepared to gamble my life savings on a punt regardless of the odds.

Is it possible I actually managed to buy at the bottom of a dip?

Lets hope so. ;)

JOG price has always gone up and down like a roller coaster.

Nothing new here.

Last time Jog dropped to this price I tried to be smart and hold on for it to drop further and missed out on huge gains and potential profit so this time I'm not waiting. IMHO this is a good opportunity to buy on a dip so I bought a small amount.

I've always been cautious with JOG and treated it as a punt but at this price it is worth taking the chance.

Am I grabbing at a falling knife? I guess in a few weeks I'll know.

You got me.

I don't know how you remembered as I didn't but it was Capita I bought first then a day or so later JOG in Jan 2017.

I also got out of Capita in time to avoid the crash with only a minor loss of around £30 but haven't gone back there.

I always find averaging up hard as it seems counter intuitive. The temptation for me is to sell when I see a nice profit as I'm always concerned the price will fall again but I guess that's the cautious side of me coming out. I did that a couple of years ago with Tesla and missed out on a 4 or 5 bagger

The only share I now own where I averaged down is Tesla but so far that has worked out as my first purchase was on a peak.

MP0818: I think you have failed to note the most important element here, so in the spirit of seasonal yuletide goodwill to my fellow JOG investors, can I suggest the following amendment "whilst directors and management cream off in inflated salaries, bonuses and easy options, all of the cash coming from NEO and SQZ which rightfully belongs to shareholders NOT those with their snouts in the trough."

I'm pretty certain the only reason most of us are here is to try and make a quick buck so I'm not sure the majority of shareholders rightfully deserve very much.

JS there is no such thing as being "locked in" If you believe the money you have tied up here will go up in value then keep it here but if you think it will go down then take it back and invest it else where. If your JOG shares have fallen in value then that money is gone, it might go back up but it also might fall further.

The money I got by selling my JOG shares went into two companies Costco and Intuit, both of which have risen over 20% since, pay a decent dividend and have a long history of rising in value.

I have a soft spot for JOG as it was the first share I bought in 2017 but I don't see it as a long term investment. I try to buy when I see it dip then dump it on a peak and I don't apologise to anyone for doing it.

I'm not sure putting money into an oil and gas share on AIM could ever be categorised as "Investing", more like semi informed gambling.

The sudden rise to almost £4 per share is the reason I have any profit here as before that I was down a lot.

I'm not sure the board members care much about the share holders or what they think so long as the money keeps coming in. If you were in their shoes would you?

JS, I'm pretty sure I warned you about this company a year ago or more when you first started posting here.

Nothing that has happened is surprising to anyone except you it seems.

I said then that money in JOG was more of a punt than an investment and I still hold to that. Over the years I've bought and sold many times and I'm lucky be up a few grand on it but I never understood the fixation with being a LTH.

For someone like Dick who bought very early big profits were possible with a very small stake but buy now and you're gambling a lot with the likelihood of making a moderate profit or even a loss.

The last time I bought I foolishly ignored my own advice to only top up around 150p and bought at around 220p. I was then unlucky enough to sell at 195p just before the last big announcement so on that occasion I lost but I'm still up overall.

JOG shares have a history of rising sharply on news then drifting back down shortly after. This is nothing new and will probably happen again.

Don't listen to me, I'm just an idiot on the internet with my own agenda.

Take a look at past performance which although no guarantee of anything could be an indicator of what will happen.

DYOR

Having been here for 5 or 6 years the current dip is par for the course. Don't be surprised to see it bottom out around 150 and climb back up to over 200, maybe even 250 for no identifiable reason. 150 has always been my top up price.

It is just following the same old pattern.

I wish I'd had the sense to put my money where my mouth is and put in more than a few hundred.

:)

This will probably be only a temporary blip if past performance is anything to go by but I'll take it.

Anybody else have the feeling we've bottomed out of the current dip?

I made a small top up this morning and I see several others have done the same. All small amounts of a couple hundred £.

I was being genuine when I asked the question earlier as I am genuinely interested in EV's, have a small stake in Tesla and would love to be part of an up and coming EV company. The concern I have for SED is the market they are in is saturated by Chinese companies so what is different or special about SED that gives them an edge?

Guys this is my first post here since buying a few SED shares last week so I don't know much about the company but I do know a little about electric motors and am a bit confused at the idea of them selling for £200. Take a look at Alibaba and see what you can buy for £200. If you are lucky a really cheap 1000W ebike motor or maybe a rubbish industrial motor that will fail an a few weeks. I find it difficult to believe that any high quality motor capable of driving a car could be this cheap.
Maybe @TRQS can point me to some of the market info he claims to have.

Not saying it makes sense or not but it's a thing.
https://www.ig.com/uk/trading-strategies/-buy-the-rumour--sell-the-news--explained-190319

Definitely something fishy going on here

I sold out last Friday on what I thought was a high at 240 then watched as it climbed over 300 so I missed the peak but was not totally wrong. My thoughts were that the response to the RNS was a bit lack lustre so I figured something was not quite right and it looks like I was correct. Those really in the know knew today's announcement was coming so held back.
I have just bought back in so hopefully the answer is yes this is a buying opportunity.