UK 23:10 Friday, 25 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Last time I warned about the GXG listed POS that is US Oil & Gas (USOP) was on July 28 HERE when the market cap was £20 million. Based on the last trade at 34p it is now £13.98 million. It is overvalued by £13.98 million sell while you can. My target price remains 0p
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Comments
Duck and Dive
Good to see you in fighting form.
Care to add any detail about BM’s (doomed) City fund-raising campaign? Shareholders have been told recently and often that “funding isn’t a problem” for USOP…which, if true, would mean he doesn’t need to be pitching in London, or anywhere else.
FWIW, it seems that not all USOP trades go through GXG as some brokers carry a float. And it looks like some desperadoes put false (sell-to-self or to an accomplice) trades through GXG at inflated prices when the displayed SP makes them nervous.
Spoilt Git
You have to seriously wonder what passes for a brain in the heads of posters like Fulbecker and Pornix on USOP Investors Forum, STILL tooting about how great this all is and £100 a share. Does the deafening silence, Brian’s childish attitude, complete lack of transparency and regular comms just not bother these people? The fact nobody can locate him, much less challenge him? It bothers me.
I am going to stick my neck on the line here and say that I think they are so terrified of riling this childish CEO and their holdings are so large so as to lose potential hundreds of thousands of money they invested ‘from the wife’s savings, etc, etc’…that this is what keeps them as fake happy clappies.
Anyone else can see it’s an absolute hiding to nothing unless the guy can pull a rabbit out of the hat and it would be a stunning turnaround, no less. Maybe these posters feel they have no choice but to kid themselves since it’s nigh on impossible to even get a quote to sell these shares anymore and you are basically just stuck with them, watching them decrease in value to nothing daily. I simply can’t imagine why you’d sit there pretending everything was fine. It really makes you wonder if these people are Brian’s inner circle or Brian himself. Because I struggle to understand how seemingly grown adults can be so deluded and also, so happy to defend Brian McDonnell, a man no shareholder seems to be able to even pin down.