Member Info for Skwizz

Smitty - I have shares invested in UKOG for the long term and I buy shares to trade on smaller shifts in the SP.
I believe the SP will have a significant increase in time.
A few years ago there was a spike when the price went from 1p to something just over 11p in a few days (I bought in at 3p and sold at 10p).
I continue to hold shares for the long term, and in case of a similar spike.

UKOG's SP has been very volatile during the time I've been interested in it.
So I started buying and selling at smaller prices.
I do it with some other shares as we well on amounts from £1k to £10k, which form a very small part of my overall portfolio.
I have been quite successful at targetting return of only 5%.
I can usually see that in a few days, with some patience.
Sometimes I can get more, but that's usually by accident (if the price shoots up and I happen to be watching at the time).
I'm not greedy and would be happy with any return which beats the bank interest rate.
5% just works for me.
There is no stamp (0.5%) on UKOG shares while it is still an A.I.M. share, and my broker fee is £5.95 per transaction which makes no real dent on the trades I make at 1k and above.
It is something I consider when working out whether the risk/profit is worth making a buy or sell though.
I have published my performance here only because some were questioning why people traded, when I originally started.
It may have come across as boasting, but I also clearly posted my reasoning and that that was not my intention.

I mostly trade within an ISA I have grown to sufficient levels over the years and now funds itself.
I also have a SIPP I recently took over managing myself.
These both allow me to invest free from income tax and capital gains tax.
I also have a small amount in a regular shares account, which is subject to CGT (C.G.T. free allowance for me is currently £12k p.a.).

Hope this helps.
:)

I am (UKOG is one of several I often trade).
However, I've recently been gagged and some members have requested I not discuss it further.
In deference to them I have chosen to acquiesce, unless I am asked a specific question relating to what I'm doing.
Just letting ya know, in case you put yer foot in it too.
;)

The SP might... spike.
:)

Prize was the organiser making a donation to a charity of your choice.

Ahh, lol.
See what you meant.
No, too rich for me.
;)

Yep.
12:00 yesterday I bought more for 1.17p.
If it keeps falling far enough I'll dip in again.
It will be high enough to sell soon enough.
:)

I1,
I think you should stick with it a bit longer.
It may take a while but, if you don't need the cash now, you should be much happier about this in a few months.
;)

There are some quite intelligent contributors to this board.
Some of them disagree with me, some I disagree with.
I can differentiate the intelligence because they simply ignore me.
They don't feel a need to make a song and dance about it.
You address a thread to me, then moan when I reply to it.
Lolol.
:)

Just answering questions that were posed for me.
Fortunately this site isn't all about you (or me).
You could have registered your complain on the existing 'Skwizz' thread, if you weren't just attention-seeking.
:)

Thank you Handy.
Appreciate your support.

I realise I might go on a bit ("a bit", okay? Heheheh).
I'm not boasting or trying to influence anyone.
Just inform.
Some asked me to stop yesterday and I did.
Others asked me questions since, to which I responded.

Ultimately I want everyone here to make profit.
I'm not for or against price rises or falls.
I'm happy with both - Some aren't.
It's them my posts are directed toward.
:)

I [politely] answered a question, dimwit.
:)

For once, Joey, we agree.
And I do.
:)

There are still lots of pitfalls that could impact the operation and UKOG in the next 60 days.
The markets are looking for any good, sustainable, news.
Anything that says, "your investment is safe and could make a profit".
That will start the uptick.
Once the uptick is sustainable, the big money will notice and want a piece.
That's when it might go ballistic [again].

A lot of rampers / derampers are dismissed.
I dismiss the emotional extremists.
The others have personal thoughts on what's going on and either could be right.
Valuable input is valuable whichever side it comes from.
Emotional input is what should be filtered.
:)

It's from a very creditable source, Dean.
He's provided most of the 'news' circulating about the site comings and goings.

Okies, not a problem.
Please keep exaggerating the projections for me though.
:)

lol

Btw, not trying to brag.
Although I'm happy with this activity it is risky and I have had to hold in the past for longer than I would've liked to recover an errant Buy that I got too excited about and paid too much.
When I started looking on this forum some were querying why others bothered trading (or something like that).
I am only posting my activities for explanation and visibility.
I will mess up a few times while I'm here and will post those as well (so far I haven't had to).
I am in the fortunate position of being able to ride out those mistakes but that costs me money in itself.
Just trying for small quick returns when I 'trade' (as said, I'm also holding for the longer term as well).
:)

I'm patient too Trolly.
I like to have three sets of shares.
One to sell below the spread (which I don't have current)
One to sell around the current spread (I've been trading this morning)
And one above, which I bought around the middle but am holding for higher returns.

The latter of these I've been holding for two years and will continue to hold through 10p and beyond (providing, of course, the SP ever gets there).
:)

You will see a profit Dan.
May take a while, or not.
But I reckon you'll be okay.
Don't panic.
We only make mistakes when our hands are forced.
:)

Actually I was hoping for 1.35p but missed it.
Currently I'm selling at 1.35p and buying at 1.25p.
If gets ugly later on I may have to be adaptable on those (or very patient).
:)