Buy The Dip! 50% off!

Investing / Portfolios
27

Mail just in (two minutes ago) from IBKR:

Update on MOEX (Russian Market) Accessibility

  • MOEX will remain closed on 28 Feb 2022.
  • All MOEX products will be available only for closing (position reducing) transactions.
  • Non-residents of Russia are blocked from selling securities on MOEX per Central Bank of Russia regulation.

And yes, you did read and “compute the logic” for the last two correctly. :point_up:t2:

:gem: hand(cuff)s indeed

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28

Did I mention I have these in my portfolio too? :clown_face:

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29

Me (did) too, grabbed them at Covid trough and went up 300%, so I slowly trimmed out of it. :sweat_smile:

30

Anonymous boasts of having taken down several Russian institutional websites.

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31

Well, 73% is less than 75%, so you’re still winning :smiley:

(Yeah, I know, consider it a basic Turing Test)

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32

5 posts were split to a new topic: [COFFEE] Goal of work/investing: personal gain or added value?

33

Told you

35

So this is what we can call “a falling knife” right ?

Capture
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38

Last warning for idiots that are still on this sinking ship: https://twitter.com/DeItaone/status/1498638765937635338

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hope everyone reacted in time: https://twitter.com/thomasrice_au/status/1498943004320870403/photo/1

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Yes, because it’s an ADR (as I have mentioned before). You are not owning any Sberbank stocks.
Always know what you invest in.

To clarify: I’m not advising to buy any Sberbank stocks. It’s a pure gamble atm, and you can’t do it anyway with Moscow stock exchange being closed.

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41

SBER at 0.01 USD looks cheap :stuck_out_tongue:

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SBER @MOEX is supposed to be an ADR!?

43

No, please check the last Twitter link from IdleThought. The guy showed a screenshot of “Sberbank Russia PJSC Sponsored ADR (SBER-LON)”

SBER @MOEX is the real stock. You just can’t trade it atm.

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44

And even if you were to trade it (not sure when moscow stock market will reopen), I don’t think you’d be able to convert your RUB out due to restrictions.

45

And one more:

So likely that tons of ETFs will sell their Russian equity very soon

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46
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I know what is happening and I support Ukrainians in many ways, let’s try not to think about all those dramatic events over there for a while and support as much as we can.

Do you have any investment strategies for this crisis? I read the news that many Russian companies listed outside Moscow (which is closed) have become penny stocks (-95% of value) but I think I was too late to by as my IB doesn’t allow me to buy them anymore (Sberbank, Lukoil, etc on London Stock Exchange). Any possibility to buy them? Do you have any other strategy for this crisis? If one ever can time the market I think it is during the crisis :slight_smile:

Peace&Love

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48

In my personal opinion, the economic sanctions taken by many countries are part of the peace solution in Ukraine, the retreat of foreign capital from russian stocks and bonds is a desired aspect of this policy. Buying russian stocks as a private investor runs contrary to that.

I’m not saying private investors shouldn’t seize opportunity if they see it (though I’m strongly opposed to seizing that “opportunity” myself), but I’m saying that supporting peace in Ukraine and investing in the russian markets right now are at odds with each other. It’s like buying oil stocks while praying for a mitigation of climate change, or gold miners stocks while preaching social and environmental friendly policies.

That being said, there’s plenty of opportunities around, central banks are tightening, broad areas of many markets are cheaper than they used to be. Now is as good a time as any to invest into a broadly diversified basket of stocks.

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49

Getting rid of every asset connected to Russia.

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