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UK Oil & Gas – after the pump well guess what?

By Tom Winnifrith, the Sheriff of AIM | Tuesday 4 June 2024

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.

There was a desperate attempt to pump shares in UK Oil & Gas (UKOG) last week with a spooftastic announcement as I noted in bearcast HERE. It was all a spoof but it worked. Lyin’ Steve Sanderson knows that those who own shares in his company, which are down by 99.9% from peak ramp, are morons and he plays to the crowd. Some morons were paying more than 0.033p for the shares last week and guess who was selling?
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