Member Info for Skwizz

Barchart is still only a "96% SELL".

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

*Slime

Lol.

Apologies, I didn't actually believe that when I read it.
But the brand particular to the Shell deal say they will swap 'a' car battery in three minutes, according to their reports.
That's most impressive, as fuelling vehicles at the moment takes a similar time.
I must look up the range of them as well....

Fully charged "one"?

The media portrays investors as 'Fat Cats' to sell papers.
But those Fat Cats are also people (like me) who save, or invest, their pensions.
I am already a Fat pensioner.
If I have to be known as a Cat as well, I'm sure I can deal with that.
The distraction of counting all of the gold I keep in my underground armoured vaults should do it.
;)

Agreed again.
:)

I agree with all of this.
I bought BP as a long-term hold, but have sometimes traded when the opportunity arose (extreme rises and falls).
October 2020 I doubled my holding.
Bought so much that it's skewed my entire portfolio (dangerously so).
But I did it because I believe BP's share value then was above £5.00.
I think the price of Brent will go somewhere between $100 and $125 this year and that kind of profit level (along with rising interest rates for savers) would make it very difficult for Bernie to maintain a dividend at current levels.
If the dividend were to increase again a lot of PI's will start to pile back in for their pensions and push the price up further.
It may seem a long way off now, but I'm not discounting a potential rise to £6.00 in the next two to three years.

I'm dismissing the claims of +$200/barrel I've recently read, as that would adversely affect the rest of the global economy reducing demand and lowering the price of oil again.
(I am planning around all these points for my future trading strategy as well).

No 'g' in Barchart.

Nothing 'alliterative' about this.

"Overall Average: 96% SELL"
Oh dear.
Poor ole you-know-who.
And this was the site he was using as his evidence to ramp this share!

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

I mean, the SP keeps getting lower and lower.
All the great deals he had to buy in over the last three years.
And then it gets lower and he could buy some more.
He must be about to release a statement announcing he owns so much that he's required to announce the actual amount to comply with city regulations.
I'd be cross that I'd kept buying, all the way down this low, instead of just acknowledging those he calls 'de-rampers' might have been onto something; acknowledge that it actually was falling and then waiting to put all that money in when it reached the bottom.*
But that's just me.
:)

...and it may still have quite a way to go yet...!

You're so lucky, Nom.
He never speaks to me so directly.
My world is less for it.
:'D

I sent in an early 'heads up' as soon as he re-appeared.
I think Admin are genuinely keen to help, happy to help them in turn.

Because of all those highly educated swampies who seem to think that foreign supply doesn't damage the environment.
Only homegrown resources.
Who, incidentally, have contributed to a growing population, which is the real global environmental problem.

Perhaps a simpler illustration;
My total portfolio is averaging an annual growth of just under 20% p.a. (18.5% atm)

I have a diversified portfolio, so I will get losses as well as gains as different sectors do better than others.
Some grow t different rates and change places over time.
Any loss is always hard to bear, as I'm sure you will appreciate.
Thankfully my gains seem to dwarf them.
I only concern myself with the average and I also use to project my approximate future performance.
Hope this makes more sense.

Christoffmcd

If you're referring to me, read my responses.
You're peeing up the wrong tree.

Actually, I can't remember ever claiming that I sold at the very bottom (I may have done, but can't remember it).
I remember I did sell at the very top once but it doesn't mean anything.
Just a numerical coincidence.

"you always claim that you purchase at the bottom of every price"

That statement is not true.
I have done.
And I have sold at the very top.
Certainly not always, and more often not together.

More recently, UKOG has not had much swing so I had to reduce the amount of profit I targetted.
Because the swings were less, I traded closer to the limits of those swings.
That wasn't my choice, just the only way I could get it to work.
It was much later than my initial involvement and for fun only so I was happy to wager £1000 and see a return up to £100 (if I was lucky).
:)

Incidentally, someone here put me onto Avacta a year ago.
I bought at 20p and sold the same week for 40p.
A few weeks later it spiked to over £2.00.
And, a year later, almost £3.00.
But it's still a profit to me.
I made more than I went into it for and that's fine.
One of my friends also bought and held it for the first rise so he made a bundle.
But that's the way it goes, I'm happy he made more.
Same reason I can be negative about UKOG and still hope it does well for everyone else still in it.
Or point out that there may be other strategies, rather than someone sit on their losses and moan about how badly they've done by doing that.
Because it ain't the share's fault.
There's been a four-and-a-half year red flag.
:)

A friend put me onto UKOG and I urged him to get out of it.
When BP happened to me (the trade) I looked at UKOG differently and wondered if I could do the same but more often.
It was a pure experiment and I was successful.
I did not then, nor do I now, know what I was doing.
I just looked at the swings and reasoned that if UKOG was rising/faling 40%, it was reasonable to trade it and target 10% to 20%.
That's all.
No research into the business (although I do have a small background involvement in oil and a few other things).
Just an ability toi write a spreadsheet and use it to help me predict movements.
That wasn't 100% but it was good enough for what I wanted.
The risk grew too great and the returns I'd generated made me too nervous to continue that strategy.
Now I do it less often and risk less.

Btw, as you know, I took a loss on my last UKOG "trade" when I bought in at 0.18 and, after two or three months, sold at 0.16p.*

I needed that money for another investment.
All posted here previously, often as it happened.
:)