One of the largest OIL companies in the world, LUKOIL is Russian. It is down 99% on the London Stock Exchange.
You all have the opportunity to be actual Russian Oligarchs soon and buy these dips. Other major companies also down 90+%
One of the largest OIL companies in the world, LUKOIL is Russian. It is down 99% on the London Stock Exchange
Lucas Thompson
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Robert Phillips
Is it this easy to become an oligarch or is buying Russia a trap?
Matthew Allen
how do you even buy
Xavier King
was 7 bucks when I first saw it...now back above 11
Hunter Brown
I have to wait 1 week till my account get validated :(
Ethan Foster
>You all have the opportunity
No we don't. Most exchanges halted trading on Russian stock.
Liam Hill
The bigger brokers seem to work.
Oliver Harris
Wealthsimple, questrade, and rbc direct investing all dont allow it. Looks like leafs are out of luck.
Noah Howard
Isn't it down because you can't buy it anymore
Eli Foster
I see it on Fidelity...havent tried to buy yet, wondering if I would get a denial message or something
William Smith
I just tried e-trade and got a denial message
Anthony Brooks
it worked for me, slurped up a couple dozen shares today, going to slurp again tm
John Allen
Anyone tried buying on HL?
Asher Wright
>using HL in current year
bruh those fees
Jaxon Walker
Been meaning to change
Camden Hernandez
its a ADR, not stock
Christian Peterson
whats the difference? stock noob here.
Owen Baker
ahhh yes the free markets where you are blocked from buying a countrys stock...this is the free world!
Hunter Reed
this stock trades only in MOEX. ADR is a option to trade on foreign exchanges. To create a adr you must buy a real stock. Now all non resident holders cant buy or sell them.
Henry Sanders
does tda let you trade russian stocks
Dylan Cruz
Daniel Sanchez
Grayson Davis
It's when Gazprom asks a bank in the US to issue shares that are agreed to equal shares on the moscow exchange. In this case, 1 share of OGZPY equals 2 shares on the moscow exchange.
David Hill
You know full and well some kike in Great Britain is buying up all the volume as ETFs are forced to dump their ADRs.
I called all of the direct market access brokers in the USA and none of them let you open positions -- but someone is obviously on the other side of all the trades, there was some volume today.
Nolan Wilson
Just called my female broker from Charles Schwab as well. Apparently they don't have access to Gazprom listed on the London Exchange.
Christopher Davis
You have to speak to direct market access brokers.
>londonstockexchange.com
Hopefully someone here figures it out and becomes a millionaire, I give up
Jordan Hernandez
those companies will get nationalized, its a lost money
Robert Cook
Ah, the western "free market" economy at work.