Member Info for Herbieridesaga

All uncertainty is good for gold. I guess the argument is when its reduced to just no brexit or hard brexit - there wil be more certainty we are absolutely sunk - so gold will o down - well I think the pound will o down more quickly COL (cried out loud)

Could it be oil's projected rise ?

Even got a top up order set just incase the shorters drop it intra day tomorrow.

Yes but once you are producing, of course your value will go up and down with the cost of what you are selling, until then its simply the sell on value.

Yep - it all depends how much kl4 flows and what happens to POO. I noted when POO started its real rout, ANGS and UKOG followed it and ALBA dropped below its placing price, so maybe the market is pricin in our production and ANGS expected production near future..?

The issue is we need jam today...

That's because its being shorted and bad mouthed by TW, share prophets, and others. Their idea is to get you to sell, then buy back in before you do. No shorts someone said. I read stockomendation had this down as one of their top ten stocks to short. No declared shorts on the website I use as UKOG isn't on the list of stocks followed.

Good rule. I actually select shares on what I learn about them, use the 100 day rule if I do not have a theory about the price movement, and then try only to buy lower than my last trade and sell higher than my last trade. However what you are doing is, I think, similar to the relative strength index (RSI), which if I recall says 12 days in one direction is the almost always the max. The other nodal points I've heard are 2 days and 5 days. So if it rises after falling, stay in 1 day, if it rises on the thrid day - it may be ood for 2 more, and if it rises or falls for 12 consecutive days - its time to be contrarian. I did model all LSE shares for 9 months and test these rules. The only I ot a significnat correlation with was the next day rule (and the 100 day rule) but apply it to the historical prices for your shares and see if it would help.

Correct

Good call

Absolutey - this share is well placed because the company hasn't over extended itself but looked after its cash flow.

I reckon Monday and Friday are odd days. Monday morning rise and fall seems to be reversed a llot more often to me. Friday will often see some unsubtle Our close short and long trade closing. Tuesday seems to follow Monday afternoon. Wednesday seems to be the day short term rises and falls run out of steam. Thursday seems to throw out the odd short closure on AIM. Our cose on Friday was a stunning converging wedge in the last 2 hours. That usually leads to a break out either way. I can't really see a break out downwards but then I'm usually over-optimistic in these situations. What I'm saying though is I can't see a flat Monday.

the price will go up - simple. Now some may then take the opportunity to get out because they have lost faith - who might have sold out in the same timescale anyway - and some will have waited forever for the rise to get out at those prices - and extra ones will now et out. However this will happen mainly after any price hike on news. Those remaining will be those who look forward to the next set of results and anticipate those will be good. I expected the SP to march lower throuh today - it did not - doesn't that tell you everything you need to know ?

I think the worry is with so much debt, it would be cheaper for a buyer to let it die and pick up the pieces off the receivers. Obviously if 1 bidder makes an offer - the others are forced to bid if they want it. Lets hope someone makes a positive move soon.

So nobody (share profligates) shorting anymore. ANGS flat but ALBA up. I too have a 1.49p top up and will ook to a 1.39p top up if needed but I think that depends on the ANGS outcome. How's our tanker count (not that it matters) ? The shorters publicised are target of 1.4-1.45p before they started so I didn't expect it to go below 1.5p - that's typical. Its never a bolted on certainty but I am now expectin a short squeeze this afternoon.

I've done a small top up - next placing is a risk of course - nice de-ramp there.

So Doge, Tenners and One - folowing your logic we will end up evel tonight - which let's face it is not at all impossibe. People knew about this.o priced in.

And I ask again Dodge as i know from your post you are a smart cookie - I am no accountant and do not know what someone who knows the cost of everything and the value of nothing would now make of this, but I would value your opinion on a good top up price - otherwise I'm cahrt bounded.

Most people who bought these shares are too old to trade

See you closed your shorts today - LOL