Regards your comment of getting the price down (to buy in)
These are the actions of very naive traders investors etc. Its simply impossible to pick tops and bottoms and 1000's with spreads account will testify to emptied accounts catching that falling knife.
In the case of UKOG you know its going up and if you start from 1.3 or 1.4p it makes no odds if we got to 8p etc
Its a very bad investing trait always tring to pick bottoms (and tops)
Mystorysofar Well, I guess one gets excited in anticipation of all of these things rather than once they have become known!
"Buy the rumour sell the facts"
.....about these 0.05p movements up and down. Its purely day traders in and out etc
The next significant move will be arrival sightings of equipment rigs etc and then a further RNS signifying the start of the EWT and then again as tankers roll away..... Buy and hold thats all you have to do at this moment in time
Investing in shares now into the 39th year and never ever have I seen a share that has a write your own pay cheque written all over it. We saw what happened on hype last year a 750% rise from where we are now on a well that had not flowed at BB
We're now back at HH which flowed on big choke at record levels on land previously. If this oil flows remotely near previous test people will be screaming to get in at 11p not sell !
Relax.....lol
My comments of date stamping were purely to remove likely comments of spurious photos etc instead a debate ensues about the effectivness of date stamping
We'll just whack them up as promised you guys can fight amongst yourselves as to their authenticity lol
Over 10% up but nothing on the horizon likely to send this down bar HH oil having disappeared off the face of the earth....I'll go for 3p by Friday of next week
Worth remembering that the original HH short flow test also operated on a very heavy choke such was the pressure.
This could well go to 5000 Barrels (and then some) if original observations are accurate
The minute a rig appears on site this rises 0.3 or 0.4p
Its literally write your own pay cheque. LTH know exactly how this SP moves on good or bad news. Just look how the price doubled last week and that was purely on something that everyone knew was coming.
That wasnt market makers manipulating that was a shortage of shares as people piled in
Cant fault Billybills confidence claiming he's the new star in town
Must admit I did laugh oon that one.
On an aside at least all the multi derampers have disappeared. Seems that the 7 prolific ones were multis of just 2 people
Before the bell for sure....nicked a further small tranche myself 178,000 making total of 523,560 for the day purchased.....Am finding it hard more aren't steaming in because we know the minute the rig arrives up we go
Photos of rig/equipment on site will be on twitter time stamped within 30 minutes of arrival
Anyone looking for entry points lower then where we are are deluded. First confirmed sighting pushes tis up 0.3 or 0.4p
More or less where I hoped all systems go sit back nd await the uplift in fortune....urge others looking to buy not to try to pick bottoms (or tops) always a poor decision