United Oil & Gas (LON:UOG shareholders incur further losses as stock declines 13% this week, taking five-year losses to 51%

According to statistics, long-term investing is a successful endeavour. Long-term investors can't, however, avoid suffering significant losses

For example, during the course of five years, the share price of United Oil & Gas Plc (LON:UOG) dropped by 51%. 

For long-term holders, that is a bad experience.

And because the stock has fallen 40% in the past year, it's not just long-term investors that are suffering.

In addition, it has decreased by 25% in the past quarter. For holders, that's not very enjoyable.

The longer-term decrease in United Oil & Gas's worth has been justified given that it has lost US$1.6m in the last week.


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