Member Info for HeadInTheSand

One could equally easily conclude the exact same thing about the simply vast number of posts over the last 28 months from your good self, Dougal, so I'm not quite sure what you're driving at?

SOYO I of course agree...

...but then I ask myself, if there's actually nothing there, what incentive does Amit have to bring this to a conclusion? My answer would be a big fat "none".

He'd definitely be better served leaving CTAG as no more than a dusty pile of paperwork at the back of some shelf in some multi-company holding office address in Grand Cayman.

10p by year end???

Forget the right bb... are you sure you are on the right medication?

News? None - just like everyone else.

Information? None - just like everyone else.

Ideas? The SAG had mine two years ago, but that ship has long LONG since sailed.

Having said that, I personally believe that Tim has always been well-intentioned. Unfortunately the same absolutely could not be said for a few who inveigled themselves into the SAG's inner sanctum back in the day. Not that it ever had much hope of achieving much, but the ringers IMV were the primary reason for it being assured of never managing to achieve anything at all.

Well Dougal... For your sake, let's hope the "ding" you hear is the sound of a clock finally chiming, rather than the sound of the penny finally dropping.

I did say yesterday you'd gone in a tad early, Will... not that your margin will be at risk, but there were one or two more marginal points to be made.

Okay, so after the impending minispike has been sold into and the SP has slumped back in the wake of such share flipping, I then fully expect the next trading cycle buy-in price to be closer to 1.2 than 1.4...

Just IMO... of course.

Will, I think you went in a little bit early... but yeah you'll still be good for your 10%+, Lucan dependant (and I still don't see how he's got much choice).

Just IMO... of course.

I think you've got this entirely ass about face.

Surely there should be a count-up, not a count-down?

Almost 28 months since delist and counting...
Over 11 months since the last amazing pre-IPO buy-in opportunity and counting...
Over 7 months since the last trite website update and counting...

All those numbers are heading upwards, not downwards, no?

Jaffas, Will is IMO right.

There s nothing for LTHers to do... for months and months. It'll take that long for Balcombe and Satfleetby to be truth-tested.

However, if you're into short-term shareflipping, then it's a reasonable bet that GL will have to pony up some personal funds and put some of his skin in the game in the very near future too. He almost *has to* - or it'll be viewed negatively. I'd say it's a racing certainty that Day traders are betting on this and have already secured their positions accordingly over the past few days.

So GL buys in some and we see a short-term spike on the SP. Traders sell out into that spike, making say 10%... and the SP dwindles back down again - until the next trading opportunity to do the exact same thing.

Not a game for LTHers... but the only smart way to engage with ANGS over the next 6-9 months that's liable to deliver any sort of return and be an effective use of working capital IMV.

Just IMO... of course.

Seems to be around 12 bopd on average re those reported months by my reckoning then...

Will, agreed. That 15% was attainable, but harder now.

Mind you, repeated short-term flips delivering around the 8-10% mark are still do-able with extreme regularity... depends what one wants in terms of marginal gain, quantity or quality.

Is anyone seriously nuts enough to consider averaging down on this traders' delight? Who in their right mind would buy to hold at this precise moment in time? (Or IMO at any time within say the next 6-9 months?).

Just IMO... of course.

Buy at 1.4.... sell at say 1.65... rinse and repeat.

A nice little 15% earner every time - and quite literally the only sensible way to engage on ANGS over the next 6 to 12 months (as all the smart money clearly knows already).

Just IMO... of course.

Good try? Sorry bud - you've lost me there?

I was actually agreeing with your "for the most part, AIM is for trading like there's no tomorrow" statement.

Actually Dougal, CTAG aside, you are dead right about AIM IMO.

For every 5 LTHers of any AIM stock who do well, I reckon there's another 95 LTHers who do their shirts. That is exactly why the smart money on AIM works entirely on marginal gains and multiple flips in and out.

Trouble is, this type of strategy is usually accompanied by the most blatant and grotesque ramping on bulletin boards and social media, as day traders look to sell out into minispikes and leave the less wary/more naive holding the can. Undoubtedly a profitable strategy, but hardly the most honest - as far as holding PIs may be concerned.

You've been around CTAG long enough to remember a fair few of that exact type being very vocal back in the far-off days of CTAG being listed.

So... I googled the acronym TSE. And according to Wikipedia, I was offered the following seemingly relevant options (amongst a few others):-

TSE - Testicular Self-Examination - Worth checking, because Amit's already made off with plenty that people can ill-afford to lose.

Transmissible Spongiform Encephalopathy - Mad cow disease and its human equivalent. Symptoms include depression, random actions, delusion and extreme confusion.

Treated Sewage Effluent - A politer version of what plenty of PIs have long thought about this company, its BoD, this share and its history.

I take it that none of the above were intended?

Strongman...

You posted in answer to SpikeyJ:-

"(Dougal)has a complete difference of opinion to yours..."

Fair enough - but it's equally true to state that Dougal often has a complete difference of opinion with himself, if posts over the last month or so are anything to set store by.

Having said that, anyone is of course free to hold whatever opinion they like and to change it as often (and as radically) as they wish. And IMV Dougal's dogged determination has to be admired, regardless of how well-founded (or not) his views are.

Okay, I'll be your Huckleberry, Hubbabubbas.

Pick a date. Any date. Your choice. I'll be delighted to turn up publicly for you to forcefeed me as many humble pies as you can possibly bake.

I actually had a date booked in with LoadOfTosh of "Sep 2019"... but he's since run away, deleting his LSE account and all his posts.

Well, to be more accurate, he's almost certainly still posting, but no longer under that particular ID. Became too obvious, I suppose...

...that I find potentially significant is the number of brand new and all of a sudden very vocal and supportive bulletin board IDs that pop up out of nowhere on CTAG, assuring one and all that things are about to become good. I note that this board newly has at least two of these, one joining 22 days ago on 30th June and the other even more fresh-faced, joining just 9 days ago on 13th July.

The last time this happened was just at the time of Amit's last "amazing pre-IPO opportunity" back in August last year.

Can't possibly imagine what's liable to happen next...

Average down? Madness IMO. If you've got the spare funds, trade the living bejaysus out of ANGS for the foreseeable future. Then when in a ygear's time, things become more visible re Balcombe (75 bopd? 300 bopd?) and Saltfleetby (is it commercially viable to reconnect? Can ANGS really spend the £2.5m abandonment fund?), you may well have built yourself up a tidy little profit out of marginal gains and multiple flips.

It's what the smart money's been doing for months (despite what some very obvious day traders are assuring you otherwise..)

IMV ANGS is set for the next 12 months or so to be nothing more than a traders' darling.

It's going to take that long before anything substantive or concrete appears in terms of news from either Balcombe (which has variously been presented by ANGS as potentially flowing 3,000bopd, 1,587 bopd or most recently a hoped-for 300 bopd) or Saltfleetby (is it commercially viable to reconnect? Can ANGS actually utilise the £2.5m abandonment fund for capital expenditure, or will the OGA make the company hold this amount in escrow?)

Any other news in the meantime is going to be effectively substance-free hot air and so completely irrelevant (despite what others might desperately want you to think - see below).

I'm personally not at all impressed with the company's wildly differing statements re the whole Brockham debacle and I'm sure I'm not alone in that.

Also not impressive are the number of blatantly obvious swing traders here, looking to trade in and out as fast and as often as possible. Nothing wrong with that as an investment strategy of course, but not when you're quite deliberately doing your best to ramp the hell out of the SP in an effort to make your few percent by effectively picking the pocket of the more naive and unwary. We all know who these individuals are.

Having said that, I keep seeing LTHers talking about averaging down. Bad strategy in my book. Sure, if you want, have and hold your longterm holding - but then rather than locking in more funds by forever averaging down, use those instead to trade the living daylights out of this share.

Can't envisage any other rational approach.

Just IMO... of course.