iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,434 Blog Posts

RUSSIAN STOCKS SUSPENDED FROM TRADE UNTIL FURTHER NOTICE

Following the massacre of Russian markets after invading Ukraine, down more than 30% in a single session, Moscow decided to suspend trading — similar to what we did at the onset of WW1. I believe we halted trading for months.

Here in the states, however, several Russian stocks trade and they’re up today, after crashing to COVID lows.

It’s tempting to buy such discounts but by the looks of it, Russia will be punished for the foreseeable future, after taking America’s squeak toy away from them.

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6 comments

  1. duuude

    ….after taking Brandons piggy bank….

    FTFY

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  2. cll

    Brandon looks content with living in the same bungalow his whole life.

    I prefer presidents who don’t care about money and/or don’t owe people money. Most of them happened to fit that mold.

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  3. og

    Did Putin not foresee this?

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  4. trumpmeister

    Hunter Biden piggy banks extend beyond Ukraine. I’m looking at Estonia, Lithuania, and Hungary.

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  5. flea

    Who needs Russian stonks when we have the Dow to choose from (+750)

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  6. Mr Devil Dog

    Behold! The massacre of Russian stocks, that foretells the future of your positions. Take all of my assets and lever them 10X, and sell short the broader indices with vigour and tenacity on this ‘dead-cat-bounce’. Frankly, I want to buy puts on Goldman-Sacks, watching the decline of Western Capitalism with wanton abandon, whilst eating devilled-eggs for my afternoon snack.

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