Member Info for Skwizz

"Compensation should be paid to the Company, when these damaging cases are bought and then fail."

+10

Does Finch own DoD?

UKOG has no bearing on the price of oil nor reaction to it.
Never has and, imho, there a 95% chance it never will.

No stamp on AIM and 0.5% on others.
£5.95 on H-L platform (quantity discount, on base of £11.95).
I only trade in £10k chunks, so I don't notice it.
I'm told I could get cheaper elsewhere, but H-L has v. good customer service and knowledge base.
They're worth it for me.

You mean "made profit here and are looking to make more".

He only sees the King's New Clothes.

Nutter

Likely to be several months away yet and we're likely to be told after it happens.
We're but lowly PI's after all and of little consequence to the mighty sandercon, son-of-god.

Too funny.

"Swizz you don't know what investments I have or anyone else, you assume everyone is a moron and your the only one who isn't"

I am worrying which way next.
I think it will continue upwards for a while yet, unless the peasants revolt.
BP seems detached from Brent performance atm.
I have been trading (just BP) almost every day this year.
There's not much volatility but the spread's very small as are my costs.
0.5% stamp and £5.95 H-L's Fees.
I hardly even notice it on the amounts I trade and have been seeing mostly very quick 3 - 5% turnarounds all year.

I've been trading BP for quite small margins (I hold a large amount, even after I've been reducing it all this year).
BP is not part of my "Trading" portfolio so small percentages still give me quite large amounts.
Every time I've begun to trade it, it was 'accidental'; I had reason to sell and then it fell so I bought it back and it rose again so I did the same (this is how I began trading UKOG really, after I'd bought in with the idea of holding £1000 to see what happened after a few years - thank god I didn't see that through, lol).
I took£10,000 out a couple of months ago in case the fuel crisis got too sticky.
I did trade that a few times too but I last sold that at £4.11, so I'm out on that one now.

I change the aims of my trading portfolio each year, as it grows.
It's currently only trying to achieve £100 / day, which it is doing.
But what I've done with BP is from my "normal" portfolio.
It's more risk than I'd like but I'm comfortable with what I'm doing.
Certainly comfortable with what it's been making, especially since I doubled down at under £2.00 last Sept.
:)
Because it's BP, even if I get 'stuck' in, I'll still get the dividend (which is starting to rise again) and am happy to ride it out.
The divi I get from BP, on the amount I still have invested, is more than my annual spend*, without any other investments.
;)

*Not actually using it for that atm.

I disagree about being "trapped" in here.
I understand the feeling as one of my closest friends is in the same position.

I left 50% of my profits (5 x £10k tranches) in here at different pricings, intending for it to be an LTH, when I cashed out in 2018.
But they continued to go down so I started trading them up to recover the difference.
Took me longer than it originally took me to make the original stake amount but I did it over about 24-30 months.
Unfortunately there are even fewer opportunities to do that now.
But they do still come along.
I had to accept that the price was likely to continue falling (which was hard to do for me back then), but I sold the lot.
At that time I was realising a loss, but then I began buying and selling it back into profit.
I don't believe all this "averaging down" carp either (although I did also buy into that once upon a time).
GL whatever you do.

Sadly, I fear you're correct (for the time being), which is only any use to the shorters out there.
Incidentally, I don't believe there any shorters out there atm, at least they're not on the list if there are.

LTHers only want it to go up.
Traders want it to keep going up and then down, and up, and down, etc, at more than the spread amount.
The spread is currently 6%, which means I'd need to make at least that (and any fees) from any deals to realise a profit.

"our turn must be coming."

"The biggest mistake an investor can make is to assume that just because something is going up, it will continue to go up.
The second is to assume that when something starts to fall, it will go back up again."
Charlie Munger

Yepper, that may be the case at any given time.
You will get a 'live' price asking for a trade price.
I'm only looking at the "live" prices on this page.
I believe it was showing higher on Google, but that is usually the case (and it's usually wrong).

He's.................. a....................... nutter.

Unfortunately for all of them, the Bid is now 0.085p
But by all means you keep on trying to ramp this pos.
We amateur 'traders' will just hold on to our cash for now, thx.

Nutter.

Fussalot's stopped posting his favourite link again, so you know it's disproving his ramping.

https://www.barchart.com/stocks/quotes/UKOG.LN/opinion

Two statements, which are both specific and vague, and could be interpreted as de-ramping.
Evidence and timescale?