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7736151

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  • Russian Stocks: Enough Blood In The Streets? [View article]
    and the RSX looks interesting again
    Jul 29 11:34 PM | Likes Like |Link to Comment
  • Russian Stocks: Enough Blood In The Streets? [View article]
    To be honest with You i Was waiting for TVE sanctions just placed in order to buy the RSX, however, the drop was contained so the market view on this sanctions is one of business as usual, so perhaps $25 is as los as it can goes.

    As for the impact of further sanctions These sanctions, if imposed, could impair the Fund’s ability to meet its investment objective. For example, the Fund may be prohibited from investing in securities issued by companies subject to such sanctions. In addition, the sanctions may require the Fund to freeze its existing investments in Russian companies, prohibiting the Fund from buying, selling or otherwise transacting in these investments.
    For these or other reasons, in the event that an emergency exists in which it is not reasonably practicable for the Fund to dispose of its securities or to determine its net asset value, the Fund could seek to suspend redemptions of Creation Units. The Fund could also, among other things, limit or suspend creations of Creation Units. During the period that creations or redemptions are affected, the Fund’s shares could trade at a significant premium or discount to their net asset value. In the case of a period during which creations are suspended, the Fund could experience substantial redemptions, which may cause the Fund to experience increased transaction costs and make greater taxable distributions to shareholders of the Fund. The Fund may also change its investment objective by, for example, seeking to track an alternative index. Alternatively, the Fund could liquidate, through a liquidating trust or otherwise, all or a portion of its assets, which may be at unfavorable prices.
    Jul 17 11:28 AM | Likes Like |Link to Comment
  • Russian Stocks: Enough Blood In The Streets? [View article]
    count one more investor in the bull camp, this market can remain irrational longer than I can remain on the sidelines or bears can remain solvent.
    Jun 19 09:03 AM | Likes Like |Link to Comment
  • Russian Stocks: Enough Blood In The Streets? [View article]
    to go down to $21 we need to see new sanctions placed on Russia, is not off the cards but I think the next correction will take us back to the 50 day moving average, I think the whole issue with the gas been turned off and Russia recently giving tanks and air defense to the rebels has the potential to push the RSX back to the 50 day moving average. if we ever see Ukraine retaliating by cutting off water and electricity to Crimea the RSX can go back to $23.
    Jun 17 10:00 AM | Likes Like |Link to Comment
  • Russian Stocks: Enough Blood In The Streets? [View article]
    Please don't get me wrong I bought the RUSL at the beginning of May and it was my best trade of the year, I just think that buying the RSX, RUSL is a question of getting on this fast moving bus at the right time, the trade is a bit crowded and the RSX has had a tremendous rally, for the rally to continue we need to see real stabilization and peace in Ukraine and so far we are far from it. of course if you buy right now and if you have a long term horizon the trade will pay off in the future but the Volatility is going to be horrendous and my idea of successful trading is to minimize stress as much as I can in my trades I like to sleep well at night. but the best of luck to you guys. 
    Jun 17 09:41 AM | Likes Like |Link to Comment
  • Russian Stocks: Enough Blood In The Streets? [View article]
    This is what I was referring to by staying away from Russia till there is more clarity on that front, today June 16th Gazprom said it had now introduced a prepayment scheme for Ukrainian shipments, adding that it would continue to supply contracted volumes to its European consumers. It added that is had filed a lawsuit in the Stockholm Arbitration Court to try to recover $4.5 billion it says it is owed by Ukraine. I would not think the RSX will go down to $21 but $24.50-$25 seems very close to me as is quite close to the 50 day moving average, Russian stocks are cheap but they can get a lot cheaper, at the 50 day moving average I will be ready to buy the RSX but never at this prices.
    Jun 16 11:00 AM | Likes Like |Link to Comment
  • Russian Stocks: Enough Blood In The Streets? [View article]
    As Russia is closed for bank holiday the etf tracks the S&P 500 movements I have witness this correlation many a time before, when America goes down the whole world follows, on top of that you still have the gas situation with Ukraine unresolved and the deadline is June 16th, I will probably stay away from Russia till there is more clarity on that front.
    Jun 13 09:15 AM | Likes Like |Link to Comment
  • Russian Stocks: Enough Blood In The Streets? [View article]
    This article is a little to late, perhaps at the beginning of May this article would have spot on, there is another saying in wall street buy the rumor sell the news, I guess investors buying Russian stock at this point are buying the news, very old news. There is nothing contrarian about investing in Russia right now,. As for Gazprom the deal with China is going to hit hard the Capex resources of the company, where on earth are they going to find the 56 billion needed to build the pipeline even if china contributes 20 billion to this venture? they are still 36 billion short and with local and European gas demand stagnating and Ukraine struggling to pay its debts cash flow will be limited. On top of that the summer just started and the Ukrainians are not under pressure to reach a deal with regards to gas bills and future gas prices until Autumn starts and Europe has 3 months of gas demand in storage to make matters worst, plus the fighting in eastern Ukraine remains intense probably getting worse, this peace talks could derail at any minute if Russia cut the gas to Ukraine and if Ukraine retaliates by cutting water and electricity to Crimea. the next leg higher in the market will come from a global recovery in the commodities market and the World bank just downgrade its forecast for global growth, I personally will wait for 5-7
    % correction in the RSX before even thinking to buy Russian stocks.
    Jun 12 12:22 PM | Likes Like |Link to Comment
  • Counting Russian Cards [View article]
    My educated guess for the RUSS would be $12 peace $19 close to war,
    Nevertheless, I think the RUSS at current valuations has already discounted most of the risks associated with sanctions, so from now on its all bout the Russian economy doing better than expected, I do not think there is more vodka left in this market, I think the RUSS is a great buy at this price.
    Jun 5 02:15 PM | Likes Like |Link to Comment
  • Are There Valuation Improvements In Russia? [View article]
    thank you for a great article, nevertheless, The question should be, how much of the risks are already out of the russian market? my answer is most of them thats why the market has rally to pre-war valuations.
    the russian economy is not looking good, russia is suffering from anemic growth bellow 1% for this year and the economy is estimated to see fund outflows of 100 billions of USD this year, I think the time to invest in the russian market was during the fisrt two weeks of May, investors jumping aboard now are coming late to the party, the trade was to buy low during the crimean crisis and sell when stocks reached pre-war valuations which is about right now. I dont think there is much vodka left in the russian market just a brutal hangover waiting for investors buying at this point in time.
    Jun 4 07:14 PM | Likes Like |Link to Comment
  • Ukraine Crisis, Part 2: Mis-Priced Risks [View article]
    trade closed at $16.30, and IM out with an amazing profit
    May 15 07:21 AM | Likes Like |Link to Comment
  • Ukraine Crisis, Part 2: Mis-Priced Risks [View article]
    XIXI thank you for your comment, since your last comment last week I made 15% on my RUSL trade when you mentioned the well known limitations when holding X3 etf's longer than a day, now as the stock is falling Im doing that trade all over again here I will break it down for you:

    23/04 RUSL 1000 @ 13.90
    24/04 RUSL 1000 @ 12.90
    25/04 RUSL 1000 @ 12.00 or maybe lower depending on how nervous are investors with Russia today but lets say $12

    Cost average price: $12.93

    lets say that things keep getting ugly and the price goes down to $11 that is $2 downside per share, but If the geopolitical situation is fixed during the next couple of weeks the price can go up to $15.50-16 that will be an upside of up to $3 per share or 23.74% profit n a couple of weeks, yes the volatility is going to be horrendous but it will pay off massively. Remember we should buy when there is blood in the streets, no pun intended. 
    Apr 25 09:24 AM | Likes Like |Link to Comment
  • BlackBerry Demystified 2: Short Interest Lower Under Chen's Leadership, New Institutional And Insider Buys Ongoing [View article]
    Cristal Clear reasons for the decline in short interest:

    1. The stock is a rock bottom prices there is more upside than downside at this point.

    2. QNX could save the company in the long run.

    3. Chen wants to enter China

    4. The company is buying companies in related industries where BBRY can have a competitive advantage.

    Chen already said it in 2 years the company is going to be profitable, in the mean time patience, the company is not going to go back at $14 valuations until the turn around is done.
    Apr 25 09:02 AM | 5 Likes Like |Link to Comment
  • Ukraine Crisis, Part 2: Mis-Priced Risks [View article]
    When I got up this morning and saw the MICEX 2% down I got a bit concerned. after all Russia has endure this kind of situations for decades during the last century and perhaps they are not going to give in that easily but I do believe Russia nowadays is integrated to the global economy not only the oligarchs behind Putin but also the EU multinationals do no want to see their business hurt so the pressure is there to strike a deal quickly, I have always witnessed that geopolitical risk is always short lived. in the mean time Im going to increase my position today at around $12.80-12.90
    Apr 24 09:28 AM | 1 Like Like |Link to Comment
  • Ukraine Crisis, Part 2: Mis-Priced Risks [View article]
    Thank you for a great article, I totally agree with your worst case scenario, however, for that scenario to take place Russia will have to invade the whole country and that is not going to happen. Hence, the current complacency of the world markets. Furthermore, another key player in the EU is the UK which could face very large losses if more sanctions are imposed on Russia, London has strong financial links to Russia not only in financial services but also in the real estate markets. Lastly, I doubt the US want to impose financial sanctions that will send the wrong message to the world top emerging economies China, Brazil et al with regards to how safe is its dependence on the US dollar as a reserve and trading currency, they might start to think it is time to diversify, and that is not good news for the US in the long term.
    What I think is going to happen is that another deal with the EU, Ukraine, Russia and the protestors will be done very soon Russian stocks will rally hard again, elections will take place at the end of May and we are going to have a Federal Ukraine where Russia is going to have strong influence. In the mean time Im just bought today RUSL again at $13.80 Im waiting for the news to come out and make another 15-20% profit in 1-2 weeks tops.
    Apr 23 11:22 PM | Likes Like |Link to Comment
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71 Comments
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