How will you make money on UKOG NOW?17 Sep 2023 10:08
The way I see it is...
Excluding the successful times at the start when UKOG was the new kid on the block and shares were in demand...
To make any decent worthwhile money now you would need min 50k and hope for big enough swings to take into account market spreads and unfortunately the moment the opportunity comes along PI's report the market makers have blocked selling but allow buying (usually UKOG issued), let alone for the massive amounts of shares 50k+ would be flooding onto the market by traders trying to take advantage of the short lived spike, and also the spread if you were lucky to get a sell quote would virtually wipe out any chance of making fast money, and would then leave PI's locked in once again with big losses, and UKOG gravy train/scam continues 😒
Smart investors won't come anywhere near let alone II's, even IG now allows shorting on UKOG, and frequently pops up in UKOG RNS's advising of big holdings confirming UKOG short positions, probably all part of the DSF (death spiral financing).
If you want to make money or recover losses it won't be on this dying horse for sure.