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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
Lee Lichterman III
Lou Weed
To: Lee Lichterman III who wrote (53448)3/3/2022 6:52:07 PM
From: Sun Tzu3 Recommendations   of 97526
 
Gazprom and other Russian companies may stick around, but the market is telling you that their stocks won't be. As it stands, they may not even have to restructure. Our own government may just kick them off the exchange and you'll have to trade it on MOEX, if/when it reopens...oh wait, you can't b/c Americans are barred from trading with Russia.

BTW, you know how RSX keeps falling double digits everyday even though the stock market is closed? It is just reflecting the fall of the Ruble. Once the index opens limit down, it will reflect both the crash in the stocks and the currency.

In other news - Russia has imposed a 30% tax on currency exchange and has mandated exporting companies to convert 80% of their earned foreign currencies to Ruble.

And the liberal TV channel Dozhk had its broadcasting license removed for spreading foreign lies and was declared a foreign agent.

...it just keeps rolling in...

PS Remember how I said that the oligarchs will find a way to ditch Putin in a shallow grave? A Russian billionaire has already put up a $1M reward for Putin - dead or alive <vbg>
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