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Thursday, 03/03/2022 12:02:14 PM

Thursday, March 03, 2022 12:02:14 PM

Post# of 107
Why You Should Buy SBRCY and LUKOY and other big name Russian stocks once it starts trading again:

1. Russia National Wealth Fund (NWF) plans to spend $10 Billion on buying shares of Russian companies
2. NWF owns 3 trillion roubles of Sberbank shares
3. NWF owns 279 billion roubles worth of preferred shares at a number of banks
4. LUKOY CEO said they will be buying back their shares worth $2 - $3Billon. I expect SBRCY to buyback shares to normalize/prop up share price
5. Expecting cease fire talks to result in cease fire

Once cease fire is achieved, I expect ALL Russian stocks to rebound.

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