Member Info for ocelot

Ninetails,

You are entitled to your view, I am entitled to mine, it is different views that make a market.

Not a soothsayer. For myself, UKOG is undervalued, and management under-appreciated, by the market.

Ninetails,

The history of the company is the past.

What matters to those who are invested, or thinking of investing, in UKOG is the present and the future (imho).

Perfectly happy for my "rubbish" to be constantly called out constantly, Ninetails.

That is, after all, one of the reasons for this board, to encourage healthy debate about UKOG and its prospects.

We are all entitled to our own opinions, Ninetails, and we are all free to express them.

You consider UKOG to be "shambolic".

I consider UKOG to be ideas-rich, projects-rich, cash-poor, but with very substantial potential, all the more so since the SoS's recent decision in favour of the Loxley appeal.

As ever, we shall what the future holds.

Like any other poster on this board, my posts are to be read by those who choose to read them.

Ninetails,

It is for each poster to decide for him/her-self what they choose to read on this board.

If they find, for example, that a particular post is irrelevant to them, they can gloss over it.

If they find a particular poster is not worth reading, then they can filter the poster in question.

gwilliams71,

If you find a post of mine is of no relevance to you, can I suggest you gloss over it and pass on to the next post you do find of relevance to you?

A bear trap is often triggered by a decline that induces market participants to open short sales, which then lose value in a reversal when participants must cover the shorts.

A bear trap is, therefore, usually associated with short sellers (the bears) getting caught out.

In his post of 14:47, Ibug jumped to the wrong conclusion, I corrected him in my post of 15:01.

It does matter where I got it in the context of Ibug's post of 14:47.

Ibug,

???

My source was the Angus board on this site, TruthCaller's post of 13:41.

Europe needs to prepare immediately for Russia to turn off all gas exports to the region this winter, according to the head of the International Energy Agency, who has called on governments to work on reducing demand and keeping nuclear power plants open.

Fatih Birol said reductions in supplies in recent weeks which the Kremlin has attributed to maintenance work could, in fact, be the beginning of wider cuts designed to prevent the filling of storage facilities in preparation for winter, as Russia seeks to gain leverage over the region.

“Europe should be ready in case Russian gas is completely cut off,” he said in an interview with the Financial Times. “The nearer we are coming to winter, the more we understand Russia’s intentions.

“I believe the cuts are geared towards avoiding Europe filling storage, and increasing Russia’s leverage in the winter months.” ...

https://www.theguardian.com/business/2022/jun/22/europe-told-to-get-ready-now-for-russia-to-turn-off-all-gas-exports-iea-winter

Acknowledgements to TruthCaller on another board

Volume of 102.2m shares so far.

Must be close to being the biggest volume stock on the market now.

https://www.barchart.com/stocks/quotes/UKOG.LN/opinion

Click on "technical analysis" under "Technicals" and it shows the current price is very close to all the moving averages, the highest being the 20-day at 0.134p.

I would have thought quite a number of long-term investors can confirm that:
1/ market sentiment is not always a reliable indicator to where a share price is heading;
2/ when market sentiment indicates a share is a buy, it may well be the time to consider selling.

What Is Contrarian Investing?
Contrarian investing refers to an investing strategy that looks for profit opportunities in trades that go against current market sentiment. For example, if the market is bullish, the contrarian investor is bearish and will look for opportunities to sell. Conversely, if the market is bearish, the contrarian is bullish and will look for opportunities to buy. (Investopedia)

They are fully aware of market expectations. For myself, happy to let them progress things, there's not much longer to wait now.

Think the medium to longer term ambition may be to create a company with a £200m market cap.

The market cap is higher than that, following the acquisition of the other 49% of Saltfleetby and the injection of £6m from investors associated with Aleph: a rival site indicates £25.7m.