I would think your trade will fail to execute, no way you can trade RRL at the moment (virtually as it would be possible to sell if you could find a buyer and organise an off market sale)
Very easy to buy oil derivatives, can be trading in minutes. IG are the most popular provider offering spread bets or CFDs, they offer a demo account you may wish to try first. Be careful you can lose a shlt load of cash quickly, use the demo to work out the leverage as you won't be buying 10 barrels of oil you will be staking cash per cent of movement up or down.
I think we will be suspended until an agreement is reached with Lind, my guess within 2 weeks but wtfdik
It really is pretty scary to read your posts on this and other boards. The way you berate anyone who may offer a rational alternative view whether they are a shareholder or not. Lets face it, if everyone followed your investment strategy then they would be at a huge loss by now.
In my experience over the years, many supposed derampers have actually got it right.
You seem to get very defensive and emotional and that is never a good trait in anyone who wants to make money on the stock market.
If this gets sold off on the cheap which does seem the most likely outcome, I wonder if you will be man enough to acknowledge that you got it wrong. Personally, I think you will just blame everyone else.
To be fair it's not so much about rip off Britain. When the price drops people tend to consume more, if people consume more then they drive further or more often. The more you drive the increase in the likelihood of crashes, hence premiums increase.
No idea of the relative corrolation being 10%, but it does make logical sense.
Insurance companies get little in the way of benefits from a drop in oil prices as the delivery costs of toner and ink are not overly elastic in relation to oil prices.
As far as people bemoaning low oil prices, well its not so much bemoaning oil prices it's just simply with oil being the key factor for this company it makes sense to discuss it.
A bit like how QE is a hot topic of discussion on Lloyds thread. It's not so much people think it's a great idea, but they recognise it will effect the share price.
You really do not post like someone with an investment in Range, I have said this before and it is what I still believe. No investor with any real view on that investment would wish for the demise of the company they are invested in. If you really do hold any shares then sell and move on once we are trading again but don't wish collapse on the rest of us, that is way beyond common sense.
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