ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

OCT and a rise to come

Share On Facebook
share on Linkedin
Print

OCT has gained 9% today but is it over its downside yet?

© Image copyright rogersg

 

The downside of OCT in my opinion is overdone. With real revenue, money in the bank and the possibility that OCT will provide a dividend at some point in the near future we should currently be looking at a 2.5pps at the very least which at 1.5pps ask makes OCT a huge bargain.

I will be looking to invest soon should the opportunity arise.

We should be looking at finding the base which at this early stage seems to be around the 1.3pps mark but isn’t yet strong enough to be certain as it has at one point dropped past this.

I will watch and update once the next attack on the base is over and we can decide at that point what price might be best for a good entry.

Until then I have the following companies in my portfolio.

UKOG, LGO, PHE, OPTI

I want to see UKOG reach 4pps before I start selling and LGO to break 5pps.

PHE I intend to hold for a long time as I have only profit left invested and feel they have a bright future with relatively little downside long term.

OPTI I intend to derisk around late September early October if hype allows and if not I will hold for the big company changing RNS and sell strait after.

This portfolio is now in its late stage and I intend to avoid short term higher risk investments and stick to longer term bargain investments with possible short term upside.

On another note I did a podcast yesterday with Justin Waite that you can listen to by clicking HERE  and if you are enjoying my blogs on here, my twitter fees and the podcast you can get to understand the way I trade better and get in early in the major growth stage of my new newsletter portfolio by clicking HERE and subscribing to my newsletter.

I hope you enjoyed this article and as always,

All in my opinion and not to be taken as fact nor advice.

Always seek professional advice before investing in any company.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com