RE: Handy 1117 Sep 2019 14:13
@Legalease. Yep, agree.
UKOG was awesome for that a while ago but its' volatility has tapered off recently.
Although it can be up and down a lot, its' spread can be less than 5% a week or longer.
Return isn't worth the risk for me on that alone (will buy in if I think 5%+ inside a week is a fairly surefire bet).
I don't see it returning as much as that, as often, again for a while though.
May be wrong, just how I feel.
It's volatile in bursts which I can't predict enough to take a punt on.
I do still trade UKOG when a suitable occasion arises and am holding some shares in my back pocket for the long term as well.
But I've mostly found alternatives to trade quickly, which behave the way UKOG used to.