Member Info for Oktane

Sadly, a very real possible condition.

Hopefully news showing otherwise today/tomorrow, lotta recent buyers licking wounds here with - mark-to-market

Expected fireworks here an quiet there, myself and most others, but indeed HeaninSand the movement there has made many trader's April a very good one.

Volatility is why I'm here, and ANGS has unexpectedly been a damp squib so far in April

Sadly Howey it is up 50% this month, where we are down 30% here...

HIS your post explains part of why we linger at such a low price. Stirred up a few cheerleaders as well, even one "out for the day".

Get emotionally attached to any trade, and ANGS is a trade, and you are flying blind.

This can all come good, but my word the management here don't make anything easy.

What is really eating at the deramping squad is after last week's huge rise, we are sitting at early afternoon with a 20% gain on our investment from Friday's close.

Kind of sticks in their throat, as we know the derampers are not having the great Monday that we are!

UKOG up 100% in a week, derampers up in arms as this just can't be so. Several should check their Blood Preasure as may be dangerously high.

At some point, one of UKOG projects is going to finally have real positive cashflow, and with the huge following of this company further upside is very possible.

I have been in here from the start, and have done badly trying to invest here, but for trading a few weeks to a couple quarters it has been brilliant. Best wishes to everyone on here that is long a position in UKOG.

What to numerous derampers really can't stand is the large number of participants here that have doubled their money in the last week.

Hence all the useful advice from same. Follow your own methods, whatever they are, that put you in a position to experience this huge profitable trade.

Meaningless statistic; down 5% this morning tells you what is actually happening to buy/sells.

IG Markets has increased their long position in order to cover spread betting short sellers.

All good as UKOG has such a huge following, and especially lots of negative opinions, because to be honest combination of bad luck on drills and SS management has certainly given sellers lots to work with.

But due to the same huge following, UKOG is just one big result in Turkey, farm-in at Horse Hill, or Lux gas away from a huge upward re-rate. Any the possiblility of that is driving our negative deramping residents crazy!

Popcorn deployed, long and short-term funds in action, all to play for here!

Al eyes this morning on UKOG, up another 30% from last weeks huge upmove, my targets for the week earnings already achieved!

Over there is drawing new speculator funds in like a black hole, we need some great ANGS news about actual cash flow inward before lift off.

Yup James, anyone watching ANGS from the start is very wary of the long list of instances where they have been, shall we say, somewhat economical with the truth. Plays a huge role in why we are at 1.60p despite what the cheerleaders shout.

Key factor with regard to the large holder selling part of his stake is who is buying the shares.

If being bought by Kemexon or other LT deep pocketed trader then PF selling is just a temp blip.

If being bought by traders looking for quick 10 to 30% profit then ANGS even on great cash flow will take time to make or hold any price gains, and will remain a ST trading share as it has been for a long time now.

Time will tell. Personally my results have improved very significantly in AIM shares when I redefined investing as a couple months - most shares LT here find a way to place or otherwise hurt you, but there are plenty of 30% gains to be made. Maybe, just maybe, ANGS in 2023 can be the exception, all to play for here.

Don't trust him as far as I can spit, but huge win today, v happy!

+40% day needed here

ANGS still retains the ability to never quite deliver, even on success. Should change after real cashflow finally improves with ST production.

But over the weekend, I suspect a lot of short-term AIM money wants to stay or get into UKOG over ANGS, as UKOG is up 25% today on new drill oil shows. However if the past is any guide that up move may prove flleting, but the big moves attract spec money like flies to old fish.

Good to hear you got out more or less intact, I also dabbled with ANGS in the 30p levels but thankfully took my losses when it dropped.
Agree with most of your comments regarding trading share, happy to be proved wrong to the benefit of all the civil long-term holders on here. Been doing much better myself in ANGS since adapted a trading view, and selling above 1.90 today was at the first resistance so well played.

"push2, Gilder can't remember if he has any shares or not, neither did Octane,BF,WG or Mirasol, very strange isn't it."
Amazingly, not everyone will tell the village idiot their trading positions!

James to clear up a slight misunderstanding regarding oil and gas borrowing and investments:

"Oil and gas upstream capital expenditures increased by 39% in 2022 to $499 billion, the highest level since 2014 and the largest year-on-year gain in history..." https://www.ief.org/focus/ief-reports/upstream-investment-report-2023

Paying most of 25% for costs related to drilling is very, very hight on a 3m loan. While everyone and their dog is all in on here, the market views this as not quite a slam dunk as of today.

Best wishes for a continued full health Yanis.

Hard cold reality: short positions from Nov and Dec in ANGS have been massively profitable to date, while any longs held from that period are down at least 30%.

Skilled traders in my book. Managing the liquidity of their risk is where the real skill comes in, if they get caught out it will help all the punters here. They have a huge backstop though in the busted raise at 1.65 in Dec, some of the participants are very likely to grab the first chance to break-even and get out - hence liquidity for the stop-loss for the hedge traders.

on AIM we are usually the last to get news