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Newtoallthis2015 - I wrote that same theory on Friday so totally agree. Have the feeling something is afoot and hopefully an explanation in the form of an RNS this week should settle nerves. Personally, holding firm and ignoring the carnage on this BB. Good luck to you and other genuine holders.
342, 771 or 902 bopd, who knows if it would have made any difference to the closing price. It looked like a highly organised manufactured drop. For who or for what. Nobody knows. 3 good RNS’s and 3 drops in SP? Something is happening in the background. All good.
Yanis- a disappointing day yes but in my short trading career the most important thing I’ve learnt above all else is this: no-one, no matter what they say, no matter what that believe, long or short, has any influence whatsoever on the SP. No-one as far as I know who post here sit on the board so who really knows what’s happening in the background? A strange and disappointing reaction to a very good RNS granted, but it could easily jump 10% + tomorrow or Friday. Further announcements about something nobody has thought of maybe?
If there is, and there seems to be, underhand manipulation of the SP then surely one of 'us' with far more trading knowhow, and experience than I (Jungerns??) or even a member of UKOG management could approach the FCA with an official request for a review of trading patterns? Clearly the UKOG board must be bitterly disappointed with the SP?Or am I in cloud cuckoo land? Just a thought.
.....but would such a public vote of no-confidence like voting against the boards plans be a hugely negative sign which could further affect the SP in a negative way? Your thoughts?
Yes, I hold both ANGS and UKOG amongst others.
I’ve never understood the ‘rivalry’ between UKOG and ANGS? This isn’t an Arsenal-Spurs or City-United thing. What’s good for one is good for the other. I too have had a cheeky top up here. It’s fascinating seeing the ebbs and flows between the two. I wonder if the day will come when both fly on the same day or do you think it’ll always be one or the other?
Dinero- The more trolls the merrier for me. Having the strength of character to ignore the imbeciles and not get influenced by them is key. My simple formula: Lots of trolls = Desperate shorting = big news coming! Good luck to you and all LTHs.