RE: New Pete Brailey article published03 Apr 2020 09:36
The fact is that most of the AIM types of company are worth nothing and the large majority should be traded but this a very risky game and you have to be willing to sell at your given target price and move on. Very occasionally a company reaches a point whereby it actually has some decent prospects, I believe that UKOG is now one such company and at this price has an extremely good risk v reward ratio. From experience it is those who have jumped on the bandwagon at high prices only to be stung when it drops that come back a bit bitter, or those that are a little odd and get their kicks from other people’s misfortune. It’s very obvious that some of the posts on here are misleading and overly negative, but we make our own choices, I want people to make money, others unfortunately don’t!
In my opinion this is exactly the time you buy shares like this, look at the price of it, UKOG have gone through a lot to get to this point and it’s gone up and down as you’d expect it to and some will have made thousands of pounds profit on it. It’s recognising when to sell and when to buy and you don’t have to be a rocket to scientist to see this is as low as it’s been for as long as I can remember!
I can understand why people come in to these boards and talk positively about a share they’re invested in but it never makes sense to me why anyone would want to talk down a share they’re invested in, unless they aren’t invested in it of course. New investors could miss a superb buying opportunity if they pay any attention to the words of either previous investors who have lost money or others trying to get in at lower prices!
At the end of the day it’s no different from any other share, we’re in the dark with all the high level decisions being made and you can either speculate and think the worst or think positively. Things can change in the blink of an eye and that’s the risk we take investing in companies like this. Most people thought GGP was doomed and sold out only for it to go up over 100%. We don’t have a clue what’s going to happen and my feeling is all will come good eventually but heh I could be wrong!
Genuine question, I’ve been invested here for a while and don’t fully understand things. I have a fair bit tied up in this share and fortunately invested at around .9 so not too down but will sell out and take a hit if there is literally no hope now in a recovery?
Morning all, please can someone explain why the negativity with this stock. It seems like a very good opportunity to me at these prices with news just round the corner which is very likely to be positive? Am I missing something??
This will hit .20 again before you know it, easy chance to double your money here investing at this price. It’s a shame that so many are invested at higher prices but this offers a great opportunity to get some money back. Far too much negativity at the moment, media doesn’t help.
My advice to people would be to invest whatever you can afford to invest/lose if this drops today as I strongly believe this will increase dramatically now. Getting timing right is always key but this is very low at this price still.
The NDA is what’s been preventing as regular updates. The fact that they’ve now updated with this suggest the March finalisation has been confirmed and will definitely happen this month so should see a very big rise taking us up to news now the uncertainty has been taken away. Happy days!