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Seadoc
I have to admit, thought shorting Ukog using cfds is not really possible as not many brokers out there providing that service. My personal experience with Cfds are limited mostly to commodities some indices and to name a few ftse companys like tesco, afren which made me a lot of profits back in 2014.
Presently I look for rare aim opportunities and I think one of them is Ukog, not just beacause there is plenty of dilution, red tape restrictions and a lot of other obstructions. I personally believe that political situation will change everything in UK.
May call it binary bet but if brexit happend especially hard one situation will be beneficial for Ukog due to energy needs.
Political macroeconomics influace will change everything and anything in United Kingdom.
........it will be messy very messy.....The biggest will lose a lot and few home land producers will benefit situation.
Seadoc is honest person.
Spredex offer Aim bets and used to do shorts on Ukog.
See reply from spredex finance CS.
Thanks for your message.
We offer UK Oil & Gas and Aminex. If you type these names into the search bar you should be able to find them.
We are currently buy only on UKOG but can takes shorts on Aminex, this can change day by day though.
Seadoc
98% of IGs bets are long according to their website so I dont see why they would restrict any down bet.
Seadoc
If we just cut long story short......
I can create account with spreadex and go UKOG long or short
.......unless they don't do it anymore and only thing you can do is to rollover.
Is that right?
Maybe ‘Classified’ info that?
Seadoc
Well.....don’t want to be too pushy but you clearly avoid straight answer......hmmmm???
So if I can ask once again very politely which trading platform, broker are you in if you can just call it by name please......unless it is sort of top secret mystery?
Seadoc
Thanks for answer but let back to essence of my question.
So which particular broker/trading platform are you using to downbet UKOG and what is leverage?
I personally used to bet commodities derivatives on HL, which were very profitable on oil and gold when they went down few years ago.
Since when did an AIM company get valued on current revenue!
UKOG is an evolving mid-cap.... join the party or stick to your blue-chips for security and moderate returns.
Looks at UKOG's huge list of assets they plan to realise and monetise in the next 12-24 months starting now with a 9 well drilling campaign.
The rerate valuation hasn't even begun yet... that'll happen when people start doing the numbers when UKOG report how they are performing.
We'll get some nice positive herd action when the rig arrives since people know what UKOG could potentially be reporting in a months time..... Huge beyond just one well....knock on impact potential of 9 wells and all the other assets they can now develop.... do the maths and scale it up....£££££££££££££££££££££'s
There is no doubt in my mind that based on current revenue UKOG is overpriced. Tf for us all that simply isn’t all the mcap of AIM companies is based on.
looking all the difference of opinion and different predictions , nobody really as a clue what's going to happen, but it did highlight some of the more negative people who post
As I thought, pure fantasy.
........what about leverage?
I see that seadoc is not going to answer my question???????
Crocqman
That is why I ask because any profit will be eaten by maintaining cost for such long time.
I think he use his fantasy down bet as excuse to post negatives.
More like 18 months plus that we've been hearing about it
Hi Seadoc
Can I ask you politely how much it cost you to maintain daily/weekly/monthly that so called small down bet.
Just wondering where did you get it from and how much it cost as you keep going on about it for at least last 6 months.
Can’t see it very profitable as CDFs cost to maintain position, know something about it as I used to bet on 500plus.