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The danger of investing in Russian companies is that there's no transparent governance or rule-of-law. You could lose 100% through sheer naked confiscation.
The danger of investing in Russian companies is that there's no transparent governance or rule-of-law. You could lose 100% through sheer naked confiscation.
The US government is not halting or sanctioning the Imports of Russian oil into our country... banning the sale or trade of their oil stocks is laughable...
Scorn me when Biden and the EU bans Russian oil imports into the US economy , then I will take his sanctions on Russian oil companies seriously.... All of Europe is fueled by Gazprom gas. Ukraine currently is being fueled by Gazprom gas . They have a 50 billion dollar pipeline going to China... banning their stocks will do nothing to them.
What do you think will happen to their profits?? Any form of sanctions will just raise the level of gas and they will make more money + inflation.
Theres a nice thread that just started in the political section about this right now...
I think you are being very optimistic. The crisis/war will certainly come to pass but there's no telling how it will end and i think it will drag on for a while unless there is a full blown war soon
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Originally Posted by Jimmyp25
What a load of BS. Call me crazy , but when the storm blows over. This one will pay off for the long term regardless..
I think you are being very optimistic. The crisis/war will certainly come to pass but there's no telling how it will end and i think it will drag on for a while unless there is a full blown war soon
meh 2.00 stock... I can sit on it.. its not like this stock is inflated and priced at 2000 a share like Tesla...then id be worried..
They raised their divdends 50% this year... if I knew those were getting halted for now. I would have bought less...
Gas is not going anywhere.. Europe is addicted to their gas. China is getting endless supplies of it. You cannot kill a company that supplies the entire continent of Asia and Europe with gas.... its not going anywhere.
When this stock becomes tradeable again.. I know plenty of people will buying wheelbarrels worth of it at 2 bucks.. It was holding price above 3 still until they banned trading it.
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