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Strategies & Market Trends : Investment in Russia and Eastern Europe
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To: P.T.Burnem who wrote (584)8/31/1998 1:38:00 PM
From: Rob Shilling  Read Replies (2) of 1301
 
Objectively, what are the odds of nationalization ??

If you stop looking at CNBC, and stop listening to CBS's false reports about Yeltsin stepping down, the odds of nationalization are very low. Of course you have to be objective and not be a "trend is your friend" investor.

If Russia nationalizes LUKOY: you get -100%

If Russian does not nationalize LUKOY: you get 300-1000% OR MORE!!

I like the risk/reward relationship here.
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