Member Info for Skwizz

Yeah, I hold plenty of shares, funds and trusts.
I am only invested in UKOG of the ones you list.
AIM are generally considered to be higher risk shares.
The more exposure you have to those kinds of shares, the more likely you are to come a cropper and lose a chunk of your portfolio.
More "secure" diversification would help mitigate the risk.
imho.
:)

Not any kind of prediction but, until last year, I'd been watching oil pick up in October, fall in November and shoot up in December / first few weeks in the new year.
UKOG hasn't followed that though, possibly it hasn't yet linked into the price of Brent (no actual oil production?).

Anyway, my point is that I sell a lot of my oil-majors exposure in the New Year.
Trading at that time of year (for me anyway) beats holding on for the quarterly dividends by a long way.
UKOG, maybe but I'm not able to predict UKOG's SP that far ahead.
Pretty much a spur-of the moment trade for me.
I'm not down when the SP is though.
:)

I hadn't ever thought of that, PCS.
Would you recommend one then?
:)

Sentiment is often a reflection of the current SP.
I believe this has a long-term future, so that makes it seem to me that my LTH's and trades has some security behind them.
Look at the SP over the last two or three years.
The highs are accompanied by BB celebration.
The lows are celebrated by doom and gloom.
But, so far, the lows have always recovered, and vice versa.
That may not always be the case, so DYO and invest according to your own expectations.
LTH's may be better to avoid short-term thinking, while traders will exploit and rejoice in it.
:D

This "Death Spiral" just allowed me to buy another £10k.
Mouth <--- Money.
:)

*Buying opportunity.
:)

It used to be much more volatile.
Not so much recently but today would be a good day for UKOG traders (maybe not those using H-L, who failed to execute another of my pending orders this morning! Harumph!).
Used to be possible to get two or three trades (5%+) per day at one time.
Now I'm lucky if I see 5% moves in a week.
Had to reduce my margins a lot lately and go for totals, rather than singles.
:)

I'll take those.
;)
Heheheh.

I don't study Penguins posts but that logic seems unfair.
I barely post anywhere else (stocks-wise).
Been accused of only posting negatives.
Been accused of only posting positives.
I have (currently) £40k invested.
I'm no swampy; They're no-nothing, sound-bite believing morons (especially the children, dragged along by parents).
:)

More than happy with 5% in a day.
:D

I wonder if this is an effect of all the ramping that goes on here.
I'm interested in the price going up and down so either way I'm good.
But, reading their posts, even some of the rampers seem to get caught up in other rampers' excitement and believe all the hype.
I do think there will be a profit for the holders, just not within the timescales being touted.
Once it starts, it may well provide its' own momentum (as it did a couple of years ago).
Even though I trade and hold UKOG, I'll be long gone before it reaches the potential some on the board are predicting/hoping for.
:)
:)

"The Return of the King"
by J.R.R. Tolskwizz

I'd LOVE a vw camper van!
:D

I was once called out on here for answering what I thought was a legitimate question.
I listed my trading fee as £5.95.
The poorly educated caller-outer (on that occasion) was actually only trying to garner information to 'prove' I was lying in some way and aware of the quantity discount.
The rest of my post was relevant to the question, though maybe a bit too self-protectionist - based purely upon my previous experiences.
:D

I shall post here first when my UKOG memoirs come out.
;)

lol
Appreciate that.
I have experience of people trying what I do when they have other commitments that they should have prioritised first.
They've then come a cropper and had a problem.
I'm only interested in trying to help others make a profit and ensure they're protected sufficiently against making mistakes.
:)

Forgot to mention, my "safe portfolio" is currently down. But the whole portfolio is being supported the rewards by my trading activities.
Bearing in mind I trade a much smaller amount from my trading portfolio, I have to bear those results in mind ("it's the results that count").

Also, I started trading on lumps of £1k a few years ago, just as an experiment.
I am now fortunate enough to trade in lumps of £10k.
I can't see how I will move forward from this if I continue my success as this is at the limit of amounts that I consider reasonable, in terms of my lifestyle and values.
I have also already secured my lifestyle future, and have back-up plans in case I should make a mistake.
Having that security behind me, allows me to continue to 'play' this game forward.
:)

Hi Garrold,
I trade via Hargreaves Lansdown ( hold an ISA and SIPP with them and trade from these).
I don't only trade UKOG, although it has been where I've seen my largest/quickest profits over the last two and half years.
Because of that I trade enough to qualify for a "discount" on their transaction fees.
Ordinarily their basic is £11.95 per transaction.
Above 12 per month (I think it is) it goes down to £8.95, then above so many more trades per month it comes down to £5.95.
That's what I'm currently being charged.
The current month's level of activity dictate your next month's charge amount.
I haven't looked, but have been advised there are cheaper deal out there (I'm happy where I am for now).

If you're not sure about trading, beware:- It is one of the highest risk methods of investing.
I consider myself very lucky but am responding to my own results when I review whether I should keep going.
Also, I have a "safer" strategy in a separate pot; Any profits I make from trading are divided and 50% is always re-invested in my 'normal' portfolio.
I have been successful enough to replace my original 'trading' capital and grow my profit enough that, whatever happens, I will always walk away in profit and can never lose now.
Getting to that bit is where the risk lies, if you manage your trading well.
:)

Not showing off, just trying to help others make profit (possibly by an alternative method).
Beware:
If the share is re-priced upwards and you have already sold for a quick return, you may not be able to buy back in without accepting some level of loss.
Similarly if you've decided to buy for a low price and things fall, or worse, that's when we lose.
I would suggest trying to make sure you bank at least some of the profits you may make, to reach a level where you're always in profit from that point on.
Never invest more than you could afford to lose and, if it doesn't work for you, accept that and walk away. Don't "double-down and lose more (the gambling sickness).

Not really advice, just how I play the game myself (for me, it's worked extremely well.., so far).
Good luck!
:)

andyrp - Well spotted! I do this all the time and not just with UKOG.

You don't need to predict them accurately, just be comfortable that they happen.
Then have enough patience to see it through (I've seen 300% in a day and 20% in just one minute - mostly though I am looking to try and make around 5% in a day or two).

I recently bought £10k at 1.07p.
Now I have them listed to sell at 1.12p when the price picks up again.
The SP today is only 1.05p but I believe that it will recover soon.
When it does I'll sell those shares for a small, but quick, profit.

Currently UKOG's SP not as volatile as it has been which means I may have to wait longer for a return (at that level).
Or it may go to 1.1p and I'll decide that it's worth selling at that level, if I think 1.12p will take too long and I might miss another fall ("buying opportunity") in the meantime.
While I'm waiting for these to sell I may also buy more, if they price continues to fall.
This strategy only works if the share continues to fluctuate widely and quickly enough to make fast returns.
The longer it takes, the less its' worth.

There is no "stamp" on AIM shares and my trading cost is just £5.95/trade.
As long as I make a bigger profit than my cost, and I beat the equivalent annual bank savings rate, I 'm happy.
Over the last two years I've done this often enough to now be able to walk away in profit, even if they went bust (I'd obviously rather that didn't happen though as I still have value invested in it).

I have a small number of shares in UKOG that I haven't been able to sell since Sept. because the SP hasn't recovered enough to cover the price at which I bought them (around 1.17p).
Although the SP has fallen since then I haven't lost money on them because I haven't sold them.
I think the SP will rise again, sufficient for me to sell them for a profit then.
So I'll continue just sit on them until then.

As I said, I do this all the time (less with UKOG at the moment as they're not as volatile as thay have been); but I am also holding more UKOG shares in a separate strategy.
I will continue to hold those for the long term, while I think there's a long-term profit in the share value.

Hope this helps and wish you luck in however you make your profits.
:)

UKOG still isn't fracking and has stated often that it has no interest in fracking at any of its' sites [so far at least].
There is to be an injected site but it is not under pressure, like a fracking site would need o be.
:)

Congrat's!
On both counts.
Bought some more myself as well yesterday (934,110 @ 1.07p, purely for selling during the next uptic).
:)

I'm aware some contributors disagree with one of my [two] strategies.
Please feel free to ignore and continue.
Posting for interest only in another way to profit from this share some may not have experienced/though of yet.

In June I invested some money into UKOG on behalf of my Father.
It wasn't as much capital as I invest (I have split my UKOG holdings roughly 50/50 between LTH shares, and others I turnaround for smaller, but quicker, profits), which means he requires bigger margins to buy/sell above cost.
In turn that also means I can't trade them as quickly as I can mine.
However, he is already up 43% since the end of June.

Good luck to traders and those who are only holding (of which I am both).
Not a competition, purely an observation on another method.
There is no wrong way to make a profit, as long as we're making profit (legitimately, of course).
:)