Ready to pounce on the beat down here just have to watch todays peace talks and future events and any OTC regulatory announcements on Russia ADRs.
Highly recommend keeping an eye on all the Russian beat down stocks.
Gazprom LUKOil and Yandex for example and any Russian otc listed stocks. Nasdaq made some announcements. OTC said would follow regulatory requirements non so far. I would say OTC rout safest as Nasdaq and NYSE already halted a few. Notice not permanent suspension…
Only puts now on RUSL as a play and even that could entail risk as the Direxion crooks shutting down RUSL down March 11th as soon as that news came out yesterday was out. Still flipped it a few times for profit before the final news dagger.
No news yet from OTC suspending any Russian stocks. Let me know if you see any.
Still some Russian OTC plays that are interesting the most exciting is Gazprom which is now severely beat down. As one of largest oil companies in the world will the war end before OTC is forced to delist?
Will have to watch. We know that all the current US and European sanctions against Russia are bogus so far because Russia is the top supplier of imported gasoline to the United States. “In 2021, Russia accounted for 21% of all U.S. gasoline imports,” Forbes writes. Feb 28.
All LUKOil gas stations still running in the US and
Sanctions imposed completely useless as Russia (Gazprom) continues to send gas to Europe & even increased supply since the invasion
Much of it transits Ukraine. *****Russian & Ukrainian managers still cooperate 24 hrs. Russia is still paying transit fees.*****
So with RUSL gone March 11 you do your own Russia stock hunt and find good junk for sale that won’t be delisted permanently by Nasdaq or OTC
The New York Stock Exchange and the Nasdaq Stock Market halted trading of several U.S.-listed Russian stocks this morning in the wake of tough new sanctions imposed by Washington in response to the invasion of Ukraine.
NYSE’s website said the exchange had halted the trading of Russian telecom operator Mobile TeleSystems PJSC, mining and steel company Mechel PAO and online real-estate classifieds company Cian PLC due to “regulatory concern.”
Nasdaq halted the trading of several other Russian companies, including search-engine operator Yandex NV and online retailer Ozon Holdings, citing “news pending.” Ozon, sometimes called Russia's Amazon.com, held its initial public offering on the Nasdaq in 2020.
The halts are temporary while the NYSE’s and Nasdaq’s regulatory teams study the newly imposed sanctions, people familiar with the matter said. They don’t go as far as a delisting, in which a stock is booted off an exchange.
MBT
$5.50 USD
-0.52
-8.64%
?
MTL
$2.2500 USD
-0.0500
-2.17%
?
CIAN
$3.4000 USD
0.0900
2.72%
?
YNDX
$18.94 USD
-1.38
-6.79%
?
OZON
$11.60 USD
-1.03
-8.16%
Ticker Exchange Industry
1 Cian PLC^ CIAN NYSE^ Software&ComputerSvc
2 HeadHunter Group PLC ^ HHR NASDAQ^ Recruiting
3 Mechel Steel^ MTL NYSE^ Indust.Metals&Mining
4 Mobile Telesystems Public Joint Stock Company^ MBT NYSE^ Mobile Telecom.
5 Nexters Inc ^ GDEV NASDAQ^ Video Games
6 Ozon Holdings PLC^ OZON NASDAQ^ Personal Goods
7 QIWI^ QIWI NASDAQ^ Financial Services
8 Yandex*^ YNDX NASDAQ^
Russia's most popular ADRs include:
Gazprom OAO ADR (OTC: OGZPY)
Lukoil ADR (OTC: LUKOY)
Mechel OAO (NYSE: MTL)
OJSC Polyus Gold ADR (OTC: OPYGY)
International investors looking for direct exposure can purchase Russian securities directly using any global trading platform with access to the Russian RTS. The country's most popular stocks are listed on the RTS 50 index, which is the country's equivalent to the S&P 500 in the U.S.
Popular Russian ETFs include:
The Market Vector Russia ETF Trust (NYSE: RSX)
The iShares MSCI Russia Capped Index Fund (NYSE: ERUS)
The SPDR S&P Russia ETF (NYSE: RBL)
The Market Vectors Russia Small-Cap ETF (NYSE: RSXJ
Also follow the Bitcoin trail as Russia has 12% market share of cryptocurrency.
Crypto Relevant
@crypto_relevant
Russia’s finance minister Anton Siluanov, says placing a ban on #bitcoin is “same as banning the internet, which is impossible”.
Russians sending Bitcoin higher!!
Can’t trade euros and dollars for rubles but sure can trade Bitcoin in secure private wallets.
Russians owns $200 billion in crypto’s over 12% of World circulation. Russian average citizens sending Bitcoin price up
