Brent will be above $60 by end of the year. Oversold conditions... Brent wasn't worth $150 several years ago, and Brent wasn't worth $27 a few months ago. Fair value is between $60 - $80.
Rouble should get back to 60 against the dollar or even 50. For RUSL to move up from $13 to $26 you only need a rouble that gain 33% or a stock market that gain 33%. Not saying that RUSL will be trading $26 in the next weeks, but in a year or so, you never know... 15 months ago it was also trading at $10 ($1.4 something before the split) and then it jump to $37. Now it hit $5.6, in my eyes it can jump to $25, as i said, only a 33% increase in either the rouble or the stock market. If you split it in two then the rouble only need to hit $60 and the stock market has to hain 17% what is not impossible as i see new highs coming to the DJ, Nasdaq, S&P. I see China stock market recovering and Europe should also do fine.
I bought RUSL in the hope to change $10k into $50k or $100k.For $100k it should hit $67, impossible? i don't think so, highest point two year ago was $150....
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