Eddy says <<<The plunge in commodity prices has caused the company's stock price to fall by 76%. >>
Edddy, this is total crap. Much of Gazprom“s sales are priced by contracts, not by what the US and Swiss futures traders dictate. The 76% decline in the stock price was caused by panic selling by leveraged funds needing cash to stay alive.
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Eddy says <<<The plunge in commodity prices has caused the company's stock price to fall by 76%. >>
Jan 01 06:58 am
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All Comments by Amvet »Gazprom: Feeling the Pain [View article]
Edddy, this is total crap. Much of Gazprom“s sales are priced by contracts, not by what the US and Swiss futures traders dictate. The 76% decline in the stock price was caused by panic selling by leveraged funds needing cash to stay alive.