Member Info for Skwizz

I have posted this many times, as you will see from the criticism that will soon appear below for posting it once again.
:'D

The first time was three and a half years ago at 3.2p, I sold at 10.2p just after it reached 11p something.
I did this over and over again, rolling any profits to buy more shares, compound interest did the rest.
Sometimes it was so volatile I was able to do it three times in one day.
I once made 20% by buying and selling in a single minute.
Overall, during eighteen months, I think I only did it forty times.
Then it reached an amount that made me nervous and I changed my tactics to reduce my risk.
Banked half, re-invested the rest in £10k chunks with the intention of holding long term.
The lot I left in has all reduced in value and I've had to make more trades to make some (most) of that back.

July 2017 was my first investment, I don't remember the exact date.
I had bought in with the intention of holding long-term, but sold because it spiked and I took the profit.
I employ that tactic across my whole portfolio.
I only have 5% for trading, which all started because of the amount I made from trading UKOG.

(My profit has been much more than stated, I've only said £100k to keep it simple here.)

Sry, those last two should read £50k.
Trying to keep the numbers simple.

It IS a bad investment (at the moment, there is always a chance that will change but, based upon current evidence, it is a bad investment).
So the question should be, why are you still here?
And why are you trying to convince others it's a good investment?
This is a pure punt based on speculation and hollow promises, with no (current) evidence to the contrary.

Insidious.
I put in £1k.
I got out £100k.
Banked £60k and left £60k in.
Why am I "moaning"?

Shares in Issue 12,543m
Current SP £0.0014

12,543,000,000 x £0.0014 = £17,560,200.

That's how the market values UKOG.
You may find a different value, looking through the balance sheet at the assets vs debts.
As you've been here a while, you will understand that the BoD is investigating projects which will require funding.
Looking at their funding record, you might presume that this will come from cash in the bank.
Or from future share issues.
Future share issues will mean more dilution to the current share value.

The CEO has stated that future project fundings would be entirely internally sourced.
That was about four share issues ago.

I invested in UKOG four years ago to hold and trade.
I've profited from trading, I've had to trade to balance out the losses on the shares I bought to hold.
I have only bought to trade over the last 18 months, and I haven't invested any 'new' money in it.

I have a very negative view on the shares I have left here now.
But I should be able to trade them back to 'evens', when I will likely sell up, unless there are ANY signs of a future here.

Trying to convince others, or yourself?

It won't be over 1p this year.
I told 10p that this time last year as well.
He made me bet him that I would shave my eyebrows off if it did, but they still resemble Dennis Healey's.

We have very different views about it, but I wish you good fortune and hope we all get to see something out of it one day.
For now they're staying in my red column.
:)

Insidious - I am online all day researching existing and potential investments.
While I am 'retired' I have found that managing my portfolio, has taken rather more out of my retirement than I'd intended.
But I am only sixty and do plenty of other things with my time as well.
If it's 'quiet' I keep other pages open as well, this being one.

To find the post of yours I quoted, I went to your profile, blindly selected page 10, and that was the first one I read.
I find it amusing that you're claiming 'foul'.
All I've done is to present a previous prediction, from a year ago and in your own words, yet you seem unhappy about reading them a year later, when still peddling similar forecasts.
Maybe your apple of disdain should fall closer to the tree.
:)

For me, I bear the company no ill will.
Just its' continuing mismanagement.

Then why is the market value of the business only £17m?

Can't be rubbish, otherwise you wouldn't have said it.

Insidious
Posted in: UKOG
Posts: 2,743
Price: 0.825
No Opinion
RE: Ukog 2920
Today (04 Jan 2020 19:55)

QUOTE
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Crocqman - I suppose only time will tell where this will end up, if we are still under 1p by the end of 2020 then we might as well call it a day.
=========
UNQUOTE

I think that poor success of that strategy has been successfully proven over the last two years and more.
Seen plenty follow it and then post here months later about how they were taken in, after Sanderson continued to drive the SP lower and lower.

Yup.
I left mine here as a pure punt, but I've pretty much written them off months ago anyway.

0.1p

*£4m (my maths is just shocking!)

Yeah I wondered that.
But why would anyone risk buying that many if they think the price will go to 3p?
That'd give you £100m.
Okay I understand some people wanting that much, but surely you'd diversify your portfolio elsewhere and take a smaller risk here.
He implies he's Mr Bigbusinessman, so I couldn't understand those figures.
:)

188k shares?
Doing the maths, that's £263.20 at today's Sell £0.0014.
There is no information to say this will improve.
Enjoy your fortune while it lasts.

When will that be Insidious?
I've been reading it continually for a couple of years now.
Presumably within six months, as you only recently predicted 5p then.
Or are you less confident of that now?

QUOTE
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Insidious
Today (6th Jan 2021) 12:43
Posts: 2,715
Price: 0.145
No Opinion

This will come good, potentiality 5p in six months time, just need patience......
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UNQUOTE