The Rokslide Stock Traders Thread

[ncstewart]

Watch it drop to 5 year lows since I mentioned it. I figured it was a buy below 15. w'ell see. Up after hours yesterday a bit

So I’m new into all this so can somebody explain why this is being bought. Seems with the sanctions and wars coming that anything Russian is gonna fall a lot farther. Please explain cause I’m really trying to learn some stuff


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[DenverCountryBoy]

Watch it drop to 5 year lows since I mentioned it. I figured it was a buy below 15. w'ell see. Up after hours yesterday a bit.

If it drops significantly, I'll double down.

I don't think it will go much lower. The fund had a -44% return calendar year 2014 (Crimea). It is already that much off the 52 week high.

The sanctions are targeting banks and individuals, not the underlying commodities. These are not tough, devastating sanctions. Belgium made sure there was a carve out for the diamond trade and Italy requested a carve out for luxury goods. No way they touch energy or food which make up the majority of the fund.

The exchange rate would likely be the biggest driver of any further drop, but the ruble has already been beaten down pretty good by FUD.

 

[Okhotnik]

So I’m new into all this so can somebody explain why this is being bought. Seems with the sanctions and wars coming that anything Russian is gonna fall a lot farther. Please explain cause I’m really trying to learn some stuff


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The 'Nuclear Option': What Is SWIFT And What Happens If Russia Is Cut Off From It?

The United States is reportedly considering cutting off Russia from the most widely used electronic-payment-messaging system in the world. Is it the "nuclear option" some claim it to be?

www.rferl.org

 

[DenverCountryBoy]

The 'Nuclear Option': What Is SWIFT And What Happens If Russia Is Cut Off From It?

The United States is reportedly considering cutting off Russia from the most widely used electronic-payment-messaging system in the world. Is it the "nuclear option" some claim it to be?

www.rferl.org

Germany is opposed to cutting off SWIFT as it would end their access to Russian gas.

Relevant part halfway through article.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[OldGrayJB]

Western nations isolate Russia's economy by kicking them out of SWIFT | Blaze Media

In a drastic move to sanction Russia for invading Ukraine, the leadership of several Western nations agreed to exclude Russian banks from the SWIFT communication network.In a joint statement, the European Commission, France, Germany, Italy, Canada, the United Kingdom, and the United States...

www.theblaze.com

It looks like Germany is cooperating. It will be interesting to see how this effects the Russian markets.

 

[DenverCountryBoy]

Western nations isolate Russia's economy by kicking them out of SWIFT | Blaze Media

In a drastic move to sanction Russia for invading Ukraine, the leadership of several Western nations agreed to exclude Russian banks from the SWIFT communication network.In a joint statement, the European Commission, France, Germany, Italy, Canada, the United Kingdom, and the United States...

www.theblaze.com

It looks like Germany is cooperating. It will be interesting to see how this effects the Russian markets.

"... the German government has said that the ban only affects the Russian banks that were *already sanctioned* a few days ago, in other words, it is toothless as it merely hits banks that have already been sanctioned by other measures."

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Okhotnik]

Amazing the lack of actual war footage in Ukraine for such a huge invasion and thousands killed

 

[DenverCountryBoy]

Amazing the lack of actual war footage in Ukraine for such a huge invasion and thousands killed

I too have thoughts on that, but let's try to keep this thread trading related.

Moex.com is currently down. Normally trading would commence in 13-1/2 hours. Tomorrow might be a FUD day.

 

[Okhotnik]

I too have thoughts on that, but let's try to keep this thread trading related.

Moex.com is currently down. Normally trading would commence in 13-1/2 hours. Tomorrow might be a FUD day.

I only mentioned it because it would definitely affect one's decision to risk investing in Russian related stocks. Not pushing any politics.

I did the same and invested heavily in April 2020 when the world was going to supposedly end from a deadly virus and it didn't meet the smell test.

 

[ncstewart]

Keeping politics to what effects this thread. In my opinion this is gonna escalate and I feel being very very careful with anything Russian/ Chinese would be wise. I don’t understand stocks/financial crap very well yet but military I have a better feel for. The world let Russia slide in Crimea which was a mistake and they gonna push the envelope this go around.


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[DenverCountryBoy]

Keeping politics to what effects this thread. In my opinion this is gonna escalate and I feel being very very careful with anything Russian/ Chinese would be wise. I don’t understand stocks/financial crap very well yet but military I have a better feel for. The world let Russia slide in Crimea which was a mistake and they gonna push the envelope this go around.


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That does seem to be the mainstream media narrative. The fear/uncertainty/doubt (FUD) being pushed leads to market imbalances that can be exploited for profit.

 

[Jason__G]

Any theories about the impact to BP share price tomorrow? Seems like offloading the 20% Russian stake could have an impact.

 

[rickjames80]

Any thoughts on NIO? Near 52 week low and with oil prices on the rise...

 

[Bucky]

Any thoughts on NIO? Near 52 week low and with oil prices on the rise...

My thought on the ev revolution is they will struggle with commodity prices rising, a lot of different metals go into the build. I think they will continue to dip, just my opinion though. Oil stocks will continue to go up as long as price doesn’t get too high ex. $150 a barrell. Then will hit recession and reset which is likely on the horizon anyways-just a matter of when within the next year.

 

[CorbLand]

Any thoughts on NIO? Near 52 week low and with oil prices on the rise...

Most EV company’s are new and don’t have large amounts of cash sitting around. I think what allowed them to shine in the last year or two was low ass interest rates. It allowed them to borrow money to further development. EV is the future, so I don’t think it’s a bad investment but I think lower prices for them are coming.

 

[DenverCountryBoy]

Remember how the Robinhood trading app took away the "buy" button to stop meme stocks from going up?

Well, Russia just did the exact opposite to foreign investors and took away the sell button.

Russian central bank orders block on foreign clients' bids to sell Russian securities - document By Reuters

Russian central bank orders block on foreign clients' bids to sell Russian securities - document

m.investing.com

 

[Mowy33]

Anyone going further in on RSX? On a bigger sale today

 

[SuperDUECE22]

what is everyone's thoughts on GTE? Thinking about selling my initial investment and letting the rest ride for a while !

 

[Mowy33]

what is everyone's thoughts on GTE? Thinking about selling my initial investment and letting the rest ride for a while !

Bought at .7 ~8 months ago and it's ranged from .6-1 on an up and down ride... Curious to what others think as far as upside on this one.

 

[Stiffy11]

Anyone watching MULN?

TOLD YALL