Member Info for Groover

Went in this morning

Lol

For any newbies to this....

As of this morning I'm down over £800 from this week alone. Am I panicking and selling.... Am I F@@@.

As someone rightly said a few days ago this could go to bottom drawer for a while or fly up sooner. What is obvious is that people who hold on should be in the money this time next year unless something catastrophic happens to the company. Not much chance of that. Its times like these that tests your mustard.

Hold or Buy!!

Hi Ben

Sounds like you've had along painful wait. Been there but came through in the end.

Company can't simply just phoenix and then 'p - off' with everyone's money. 1 they would have the mother of all class actions up their arse and secondly if this was allowed to happen in this day and age then there would be no confidence in the LSE. Etc.

This company has some seriously long and gorgeous legs. Pure and simple. SP may boom more soon, later this year or certainly by 2020 but in the interim people need to stay onboard and stop heading for the lifeboats every time it sinks a bit more. I personally think that's what causing all the uncertainty this week. That said when it really dropped Tues I think were as many buys as sells. May have been yesterday, I really can't keep up with all the buzz across various shares

Well...............its very testy on here lol.

MXO pointed me in the right direction so sniffing around this company now. Sounds like many of you have a lot of confidence in it. Thxs for sharing

Everyone stay frosty. MX is still going to deliver :)

As many buys as sells. Don't panic!!

Not sure if this has already been posted but positive

https://www.morningstar.co.uk/uk/news/AN_1556616956503393800/mx-oil-shares-rise-as-reserves-increase-at-aje-despite-production.aspx

Soz if being dense here but a little lost by this post.. Its been a long week already

You think they will go for consolidate at 2p or above and if so why would it be a disaster?

Consolidation means that the number of shares held only changes (1-100) rather than its £ value; i.e. so you don't lose out financially

BBTab!

Okay so read that a few times over and over again so I think I wasn't off the mark then and that's how they use to do it. I know when Osmetech went over to ........I forget now, they consolidated thousands I held to hundreds. I also had many Emerald Energy shares as well but that turned out to be a poor deal (chinese held company) and still trying to deal with unpaid / unreceived money. Another story!

Well fingers crossed price goes down a bit for me on Monday but whatever it is at 0800, I'll be grabbing more. Rude not to.

Thxs again for such a clear explanation and additional knowledge

Mik

Morning Master (Yup that sounds weird but anyway).

I am beyond rusty with shares so hoped I could pick your brains. Mine was a bit damaged 14 years ago due to a major incident so still struggling with concentration and regaining the knowledge. Its taken me this long just to get my self confidence back, and some finances to start again.

What I can't seem to find an answer to, hence reaching out, is what happens when the company consolidates its shares. Do you think it will be one 10p share for every 100 we currently hold or more? I understood investors monetary value mustn't be affected, only the number of shares held - well that's how it use to be, but can't locate anything about it.

As before struggling to find info but there again, because of above issues, I am lousy with internet. Re investing I now just read articles over and over again and then if my gut reacts I go in or stay out. It worked with this one, doubling my investment in 3 days......for a few minutes at least but still sitting pretty. I will be going in again Monday whether I have to pay 45 or 30.

Cheers

Cancel my last. I think this was down to climate protesters glueing themselves to the front doors of the Stock Exchange? On the news now. No drama

Hi

What am I missing today. I can find no available charts or movement for AUGM anywhere today. its as if its fallen off the face of the planet.

Mike

Sam, I made a stack of money with penny (Tech & Medical) shares; and others in late 90's and early 2000's. I have just started investing in shares again more recently, the last few years taking time out and also reading up on bitcoins, altcoins and then investing in that once I had my head around it. I view them as another tech run and watched a good friend make 500,000 USD in 3.5 weeks during the last run. Like the bitcoins, penny shares hold risk but so does everything else in life basically. I caught the bull markets last time and so my my advice....stay in and only sell up if you need the money (as another wisely said) or otherwise you're willing to take a risk. Personally when I started I set aside an amount that I could live with losing if it all went pear shaped. Obviously not going to be happy about it but that was the risk I took and it paid off. Ultimately you can only go by your own gut feeling and everyone is different, entitled to theirs. Good Luck!! Mik