Member Info for Skwizz

Qwerty - Doesn't matter to me whether you, or anyone else here, believes anything I post or acts upon it.
What matters to me is my bank account.

I invested £1000 into UKOG around three years ago and traded it up to £100,000 in (more or less) eighteen months.
Although I do still trade it occasionally, opportunities for good risk/reward ratios have been greatly reduced since then, for my appetite at least.
Of that £100k, I still have £50k invested today (although it is now valued at much less).

I came to this board looking for information and posted because so many LTH's were posting negatives about traders and, to my mind, were missing an opportunity to profit.
I have only ever tried to explain what I'd done and how I profited from UKOG, while other posters seemed to have lost.
I've posted in advance of trades for visibility and been accused of lying and gloating and all sorts of other things.
It really doesn't matter to me.
This is all just lettering on a web-page (and when you read a lot of it, that is certainly worth remembering).
Being able to judge a poster's character and situation, from a post, entertains me and should you.

I'm happy with what I've achieved from this share (albeit mostly by pure luck).
I'd rather not lose the rest of my investment but, if I do, I will still walk away with profit in my bank (ISA).
When my bank manager (me) stops believing that, I'll worry.
:)

"Silent Steve" ain't the guy to lead us out of the desert.
PR needs to come from a credible source.
:)

Hope so.
I will say that I am biased and have been buying the last week, from my new 2020/21 ISA allowance.

I also have three years cash reserves, because this will all start getting messy once we have to start paying the virus bill.
:)

I have 5M shares in UKOG.
I also have an interest in voicing my thoughts.
Some are positive, some negative.

Someone who posts "BOOOM! BUY NOW! THIS IS GOLD! DON'T MISS OUT THIS WEEKEND!" does as much harm to the SP as de-rampers.
Ignore the extremes (by "extremes" I mean specifically; idiots) and you get close to a reasonable picture, positive and/or negative.
:)

Yes, but minimal.
UKOG doesn't produce enough product for its' price to affect the value of the company.
Markets are valuing it against what it's produced so far and is likely to produce in the future.
Faith in that potential is not great so the SP is down.
Once they start living up to SS's coffee chat figures, there will be a turnaround.
Markets want some more cake with their coffee.
:)

Wonder what the point of the meeting yesterday was, as OPEC+ already agreed a production cut of 10m bopd last week.
That's the same amount as the markets weren't interested in on Friday.
If they've increased it to 12.5m, and the G20 are coming in with another 7.5m, that might go some way to swinging things around.
Ultimately we're still waiting to get the virus under control and hoping nothing else happens.
:)

I mentioned 15M because that's what Wall St. wanted.
I entirely agree that it needs to be cut more until this is over and the over-supply is gone.
But that would deprive those producers of any income, so the price of oil would be moot then anyway.
:)

https://www.zerohedge.com/energy/senate-bill-seeks-force-saudis-slashing-oil-output-withdrawing-all-us-troops?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

:)

Fingers crossed, they'll increase the target.
10M won't cut it.
15M will likely have an immediate impact in the markets.
:)

HOLY COW!!!
Do my eyes deceive me?
:D

Mick, I was tipped off (here on this board) to AVCT a Bio company.
It's a bit high for me at the moment, but I'll get back in if it falls below 30p again.
Thx again EWQ and BWM.

Think EWQ and BWM are holding it.
I've traded it a few times (I don't like big rises in short periods) and am over 150% up since Jan.
Just sharing some of the love.
DYOR
:)

I think he, as others, put a lot of faith just in the rhetoric of SS.
I think he, as others, now feels he's been hornswoggled.
I have some faith left in UKOG.
I have never had much in SS.
:)

LMAO!!!
:)

https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Tank-Despite-10-Million-Barrel-Per-Day-Production-Cut.html
:(

Yep, I agree.
I think it will be interpreted badly for the future strength of the "alliance" as well.
I heard the US is not cutting (per se) but expects 2M fewer production per day through market squeezes (utter twaddle).
Won't help the majors much, let alone UKOG.
:(

https://oilprice.com/Energy/Energy-General/Saudi-Arabia-Is-Buying-Up-European-Oil-Majors.html

"The Saudi sovereign wealth fund has bought stakes worth a combined $1 billion in four European oil majors: Shell, Total, Eni, and Equinor, the Wall Street Journal reported citing unnamed people in the know."

This could be interesting for the price of oil in future... not to mention MBS trying to get away from oil.
:)

Wow.
Well at least that's something, but not the 15M hoped for.
May actually even turn out to be counter-productive (because of the huge glut and China buying forward at current prices).
:(

0.35p
Almost pity you, Mr008.
:)

Ditto, rampers.
:)

Seems to have been waiting forever.
According to your posting history at least.
:)