Member Info for Skwizz

"Good news soon.

Good news coming.

Good news tomorrow.

Good news over the weekend.

Good news coming after the weekend.

Good news next week.

Good news next month.

Good news after the court case.............."

Take your pick from the favourite idiotic claims.

"Share price looking strong"

Gotta laugh.

Lololol.

"This is going to get exciting over the next few weeks!"

Have read someone post that every week for the last six years.

Which "next few weeks" are you referring to this time?

Cynders, I'm not doing it.

I have taken this level of spread before but it's not worth it for me any more and I am not confident in it enough to get back into it.

I am still negative.

Just saying that's not a reason to think that flipping would not still give a profit, with the other caveats we're all aware of since it was 11.2p.

Having Adrian recommend a post of mine makes me doubt my own judgement.

But I do still think it's worth mentioning, for the same reasons I started mentioning it five years ago (or however long ago it was that I found this forum) when everyone was criticising people trading the share instead of holding for long-term profits.

I was 100% positive about it back then; less so after the first dilution and since.

This SP's been up and down around 8% four times already today.

Less than I'd need to cover the risk, but that still adds up to a potential 30%.

I have often posted about how well I did from this when I first found UKOG, but that was a much greater spread and I was also rolling my total forward ("put it all on black") until the sum involved reached a size that was too large for me to continue.

All I'm doing is offering visibility on something which has made me a ridiculous amount more than the 6% I originally got involved for, not promoting it as a solution that will work for everyone.

If anyone tries it, I will hope it works for them.

If they don't I hope that works too.

It's not dropping all the time.

It may be trending down (as it has the last six or seven years), but there are rises mixed in as well.

The first time I sold this was at 10.2p.

I bought back and re-sold loads of times over the next eighteen months, while it was still "trending" down.*

That's all I'm saying.

I have a similar outlook on this to most of our sane contributors.

This is not an LTH (which was the original reason I bought in), but there may still be money to be had for those prepared to take the risk from flipping.

* This risk is too great for me to accept any more, personally. I have sources which I consider to be much better/safer/profitable now.

For those who are interested, this seems to be in a groove, where buying / selling for quick profits is possible again.

I'm still not interested in it (yet) as there's not enough reward for the risk involved.

But I notice that there has been a lot of volatility with quick returns of around 10% or so over recent weeks.

This may continue for a while yet, but you could also find that you buy in and it falls further.

Them's the breaks!

I might have been tempted by this range a few years ago.

More like "to the power of forty" than forty times.

"what has happened to your mate CleverGreek."

I am trying to become more efficient. I had both at once.

Adrian, if you want to have poeople believe you are not the same person using two UserID's you need to work on your usual "tell's".

It's just too easy otherwise.

Still bl**dy good fun though.

:'D

Stevesand

I keep saying but, with that kind of pot, you might wanna have a look at BP.

Far more potential for trading revenues than UKOG atm.

Good spreads, quick returns.

Goes Ex-div in a week or so.

(Barclays predicting £10.00/share - which I don't agree with but..., who knows?).

Professional traders wouldn't be interested in this at all.

This is barely even for hobby traders now.

Too much risk for too little profit.

Even if you're looking for high risk you still want some assurances of a decent return.

The higher the risk, the more return you'd want to make it worthwhile.

Argonaut

Did you sell and take the 20% ?

Ramper question.

Once again, again, again...

Potential investors in a business may be invested, or may not be invested.

They observe from the side-lines, and the attractiveness of a particular investment depends on their opinion of a stock and their strategy.

If someone is un-invested that does not mean they will never be invested.

Likewise someone who is invested may not always be invested.

As I have posted before, I am not now invested in this business.

The risk/reward ratio is far too great for me and my strategy (which is wholly separate and unique to my strategy for all of my other investments).

I do not anticipate ever investing here again.

But that might change if I were ever to see the potential for a reasonable profit compared to the potential risk of investing in a company like UKOG with all of its' management and philosophy weaknesses.

You asked, I told.

My own opinion, exercised for my own benefit.

"if they had not had well problems"

Lolololol.

Yep.

I questioned the other fool (elles, whatever his name was) boasted that he'd last bought in at £0.018/share about a year and a bit ago as well.

Well it hasn't gone anywhere near that since but it didn't stop him being happy.

So I'm happy that he's happy at least.

As long as Sandercon manages to keep the sting running, he won't have his delusions burst.

:)

It is still volatile so it might be possible to make a profit by trading it, as you say, the margins are small.

They don't make sense for the risk involved.

To get a worthwhile return you'd need to hold long enough for a decent rise after buying.

That is still happening but the general trend is down and you could find all the volatility is happening within a range lower than your buy in price.

Even the occasional spike might not be enough to get you out of it.

Five years ago this would go up and down 20-30% almost every day.

* Been removed, along with all his hours of twaddle, again.

;)

He has been.

Unfortunately (or fortunately, if you find the fact that he spends so much time and effort posting rubbish here, knowing that it will all be deleted again come Monday, amusing), he's using a loophole.

LSE will not close it for some reason.

Maybe it's because the number of posts made on their forum attracts advertisers(?).

;)

There is some frustration between the rather obvious ramper/deramper camps.

Some LTH's bought in during the 2017 spike (11.2p) and have seen the price devalued and devalued by a whole range of outrageous management decisions, which might one day be found to have some criminality behind them (not for me to say but I've seen plenty that simply doesn't add up).

Hope you make a profit (I hope everyone makes a profit), as long as it is not by duping others to exploit.

I think there are still profits to be made here but probably not by conventional means.

Trading seems to be the only practical and realistic option to anyone who's observed the goings on of the previous six or so years.