Member Info for Ghrtrader

1. Its either institutions still dumping their stock from RKH2. investors selling looking for quick gains elsewhere or 3. if it is being manipulated maybe theirs some naked shorting going on?
I tend to think this is a combination of 1 & 2 but i may be wrong

I missed Tesla, which IMO alot of new investors will get severely burned on but rule 1 never trade against the trend.

Bitcoin is something very different altogether and has been my single biggest gain, ever! It looks like it may have properties closer to gold rather than a means of exchange but equally i view it as speculative. Retail isn't driving it up this time.

This could rocket from here or it will drop further, who knows. I only know that i wont be buying in until price is lower then where we are now

100 of % have been made on cash shells, which is sometimes referred to as Gambling

Unless you have been in this since the beginning your buying based on nothing more than hope, This needs to pullback to a sensible level or you can gamble on the fact that news may or may not come. That's what creates markets. I wont be buying until price is lower or news is released and i have a good understanding of a future deal

Ive been watching this for a while, solid cash generating business with 0 debt and strong dividend. Held off buying as price action looked like it could break down or up on the charts. Good solid break up with solid new yesterday. Im in and will be adding to my position

Im glad people have made some good profit here, defo want to buy in, as AA success story at RRE needs no mention, but waiting for a better entry. At the moment this has risen on air. 140 would be nice, 120 would be better

Been keeping an eye on this stock. Those invested since the beginning have made a nice profit, looks like we’re seeing profits being taken. I hope we get a nice healthy retracement back to 135-145 area for an entry

Its very unlikely the SP is purposefully being kept low. I understand the annoyance of being underwater when the fundamentals are so strong but hey, thats investing. Levi sounds like hes 25% underwater so im sure he thinks this stock is being manipulated. There is strong resistance around 3p, which was strong support (march, may, dec 19) prior the march crash. Price came back into this level and this was the logical place to place sell orders for anyone who bought after the crash. 114m rockhopper shares were put with a few institutional investors and a private investor on the 27th Aug and over the next couple of days we spiked up to 3.83 before retracing back to 2.20. A further push upto 3p has occurred since the begging of dec, which again is being sold into. We know premier miton investors took 19m (holding 3.04%) and im pretty sure joshua rowe added 3.5m approx,0.54% to give him a (3.55% holding). As far as im aware there hasnt been any others we have been notified about. That left 91,500,000 shares and since august weve averaged 2.2m traded per day. 250-300m traded volume. There will be those trading this for a quick 10/20/30%, those who need cash out quickly and panicked sellers.
Technical s
We are rejecting an upwards trend line from the lows in march to may, forward projected almost to the penny. We closed above the Psychological 3p in late dec and have pulled back, testing the 2.95-3p area.

We will break this zone, when i cant answer, and i expect some quite quick momentum up once we do

No one is buying US treasuries, interest rates are to low. They cant increase rates because the US Government has too much debt. The only entity buying treasuries is the FED, but unlike private institutions when the FED buys treasuries it does by creating money out of this air and holds the treasuries on its balance sheet as assets. This is probably why the dollar is weakening, its being devalued like we've never seen before. This is inflation
Oil was very cheap, and imo is still cheap. Green energy is the future but for now the world needs oil. Its the densest energy source we have and has led to the economic growth we've seen over the last 150 years. Every green energy project needs oil in order to be set up. I don't believe the super majors/governments and any involved will let the last 20+ years of oil go cheap, they and all involved will milk every last barrel for as much as they can. Most likely creating the opposite of what we saw last year, a lack of supply for ever increasing needs by focusing new resources on green projects.

JP Morgan control half the worlds silver, if that isn’t rigged I don’t know what is

Firstly i am invested in UOG, i have invested quite a substantial sum into a business that i believe is delivering what it set out to do. The day to day price fluctuations are noise, most likely traders trading between 2.5 - 3.2p, investors becoming impatient or simply needing cash.
Price is rejecting a trend line and the 3 p area. and since march we're bullish. We're testing that 3p level and contrary to belief the more times we test a level the higher the % probability that well break through it. 3.8 and 4.3p are the next levels we need to push through
There are several catalysts coming up that will get UOG attention, new investors and new interest
All AIM is high risk high reward, no matter the company

Levi - share price aside, what exactly aren't you happy with about UOG
Is going from 0 to 2800 aprx bopd last year not enough?
Is the 80% chance of success on the 3 new drills not high enough?
Is it italy, is Q1 21 to long to wait?
Is it that we acquired 100% of Jamaica for next to nothing?
Is it the crown divestment $5m deal?
Did you not like our newly awarded blocks?

or is it because you pulled the trigger to early, covid hit, and your trying to shift responsibility for your own actions because your 50% in the red

Solid interview. Lots of new to come

Looks like Miton investors snapped up 19m shares

Levi I’m all for constructive criticism but you’re just moaning. There’s a difference
35% off pre suspension levels with COVID thrown in the mix

Oil is at new highs since March, the bigger the disconnect the better the buying opportunity. Seen it time and time again, patience will pay

Egypt was a transformational deal in terms of creating a cash generating business with minimal debt. Businesses need money to grow, the placing price wasn’t ideal but it got us Egypt.
2021 will be UOGs year 10-20p ;)

Levi stop with all the negative digs. Sell up and move on if your not happy

Im very happy with my position and anyone who knows AIM knows when this gets traction it will rocket.

Plenty of news to come!!

Its funny, people search high and low for undervalued companies but lack the patience and discipline.

UOG is a great stock and will reward those who remember the reasons why they invested here.

I want to be buying while everyone else is looking away and will be selling when everyone rushes in to join the party

The free markets no longer exist. Governments around the world are being forced to destroy their economy’s. Central banks have no where to go, they have 0% interest rates and QE but can’t control money velocity or get money directly to those who need it.
Negative interest rates will be next which will force savers to spend or get charged on their savings. A control of velocity.
Highly likely UBI will be introduced in the form a CBDC directly to everyone with a smartphone and those whose livelihoods have been destroyed through lockdown.

We are transitioning from crony capitalism to some form of socialism. Big government, Big tax, reduced freedom.

Buckle up, 30 day lockdown won’t sort anything apart from put more businesses under. Expect longer, diversify well!

Oil is historically very cheap and a dense energy supply. Buying at these levels and wouldn’t be surprised to see more downwards price action. We may see an influx into oil, gold, silver as countries especially the worlds reserve $ continue to destroy their currencies

Long term very bullish

Oil is at the same price it was in 1991. The super majors are turning their attention towards renewable s and are reducing production and exploration.

Governments and C banks around the world are debasing their currencies like we've never seen before.

Oil is a commodity and will be needed for years.

Once consumption kicks in i see it rising to ATHs within 5 years

I see the Oil majors reducing production and focusing towards renewable s. This will be seen as a positive step forward but equally i see this pushing oil prices alot higher in the coming years. Oil will be needed for the foreseeable future.

We have also just pushed through the worst weeks/months oil has ever seen with futures going negative and UOG is in profit

This is a strong buy and hold, we will see higher oil prices and now is the time to be buying while the majority are turning there noses up at fossil fuels. Oil is unloved at the moment and there are some bargains out there

Like the technical s, like the fundamentals