Member Info for barnetpeter

Sold out of zen some time ago. Bought back in at 4p. Got to be done. Some of the primary placings have gone very well. Tern at 6.6p hit 58p and vrs a close runner up. So zen should hit 30 pence lol

Tens of millions of shares to dump on the mkt and no-one wants them. Solo Oil PLC (London AIM: SOLO), today announces that, in relation to the US$5m Convertible Loan facility previously announced on 14 November 2017 ("Facility"), and the US$1.5m advance ("Loan") drawn at that time, it has now received a notice of exercise from YA II PN Ltd and Cuart Investments PCC Ltd (the "Investors") to convert a small portion of the Loan, with an aggregate par value of US$116,168, into equity ("Conversion Notice") equating to a conversion price of 2.56p per share.

Mkts are storming up today....and dear old solo is in the top 20 losers. I said this CEO would be a complete disaster for private investors. After a 20 for 1 a few years ago, solo has nearly got back to that original price.....and all with stock markets near all time highs. Those who invested £1000 would now be looking at about £60. That takes real skill.

Nothing to stop this dawg falling to the 1 pence level soon. Almost worthless collection of rubbish with a hopeless ceo. Just another lifestyle company that will soon raise more cash by more heavy dilution. Stocks like this can never move up much. Too many billions of shares around. So watch it consolidate at around the 1 p level to 10p and then the fall can begin again

Been bearish on this stock although it made me a good few quid before. Now around 1p and with good funding. I like the big volume and the fact that a lot of the shorters closed on the placing so lot less to flip. The upside is now much better. A technician buy. No advice intended etc.

Many heavy shorters closed by buying in the placing. That was why over sub. With little left to sell, funding sorted and news soon, ukog has little downside I reckon. I think this is the time to buy. Just my opinion no advice given

Tea boy ....you are a ******.

It always does....has a decent stake in h h now and cash from placings. A solid buy at this level for 50 per cent return albeit it hit 60 plus earlier this year

Yes...bought some today at 29 and sold at 35. This stock is going to be a traders dream I reckon. Loads of day traders were making a few bob on this today.

I am sure this will have another run soon. 29p or so is half the price of yesterday

This stock is still up 15 fold this year. It is hardly a pump and dump! The rns yesterday was just a dose of reality....sad I know. I think DA is fantastic but well, it got out of hand with the price rising 10 pence a day every day having been just 2 pence a few months ago. So easy to get carried away .....how many piled into ukog at up to 8p and have now lost 90 per cent? The reality is that DA urgently needs more cash and the tern valuation of itself is just 11 million. I think a higher value is appropriate but ten times? Even the most level headed can get carried away. Me certainly

Reckon there will be money to be made on this tomorrow

Absolutely correct. Everyone should realise this is now very high risk after the rns today whether u are bearish or bullish. The shorts may really get stuck in here and they have deep pockets. Those who screamed how great ukog were etc got absolutely crushed as shorts opened up massive positions. This stock is now highly dangerous...,I like DA and I want to buy back the stock I sold tomorrow but I understand it’s risky as hell

Do remember this hit 30p previously and then fell to 1p. Look at the long term chart. l reckon tern is in a much better position nowadays.....but then I thought about about the Weald oil stocks and look tonight at ukog, angs, alba etc. Ouch. Nearly got very badly burnt by these. Plenty have been wiped out.

Yes indeed. Many are saying it will bounce and it might open up with a big spread before settling down by 10am. What price....no idea

I was buying these at 1.88 in December and remember the share prophets placing was at just 6.6p. You can invest in DA direct if you have big bucks...much cheaper. I sold out in two lots today..the rally after the rns was helpful. It seems the bears are shorting this heavily now and reckon it is worth no more than 4 pence...,based on the company statement. Tern has done me a great turn lol and the fun has not stopped yet. No idea where it will open or close tomorrow but I will be glued to the screen.

Nothing much of value here. My few remaining cost nothing so no complaints from me. It’s such a shame....I thought the Weald was going to be the real deal. Had a six figure sum invested at one stage across all the stocks. Could have been a disaster. I hope most holders sold out just some when this soared to crazy levels. Was it 12 or 18 pence intra day? Madness with hindsight. But then it looked so exciting

Hope I r right

So loads more funding and there are many billions of prem shares already around. I guess this is why they want to float off Zulu leaving prem with all the dross. Who will get the Zulu shares? I reckon current holders may get 25 per cent and the rest will be sold to other investors or taken by management or given away to government officials and so on.

Enough said really. The mkts are at all time high...George has masterminded this to an all time low. All of us are losing money here...some are losing a fortune and will take years to pay off the debts. It takes a real talent to lose money in the resource area at the moment....you have to smile. There is nothing much to discuss on prem anyway apart from it going down daily. What about the Zulu float? Write the money off like I have and pray for a miracle spike!