stay/truce between Ukraine and Russia re removal of Ukrainians soldiers on Crimea; dialogue between Obama:Putin; happy pix of photogenic Crimeans celebrating
Red Fox (sp?) said that most of the investors are Westerners. But this panic selling and panic buying
is reminiscent of the behavior patterns of the greedy middle-class Russian guys I used to play tennis with.
As an option player you are just a passenger - you need buyers of the underlying equity.Today the shares were being sold while the call options were being accumulated. That is a problem.
Perhaps it is normal - having lived and married in Russia, think is partly due to the emotional nature of many Russians who also can be very greedy and very sceptical of markets.
Maybe it is a combination of the emotionalism of the Russians and devious cunning
Clear speaking (and writing) suggest clear, strategic thinking. The logic also sounded strong to my mental ear.
How do you silence your churning heart and stomach in order to assess the new REALISTIC target price of the company? Also, you may know that the institutional holders are not the Boston/NYC large pension funds.
What makes you think they will buy now? Also also, the CFO does not present well to the average American fund manager - he is much too conceptual, analytical, intellectual.
His glassdoor ratings by employees are spectacular. And employees love to work at this creative company.
Your grammar is so poor !
Some Russians I knew got burned in 98/99 due to the ruble collapse and losing money on Nasdaq investments. However, that was a long time ago and the uptake of cell phones leaped over landlines.
In about 2000 I went to Sberbank in St.Petersburg to set up an account and do a transfer but it took 1/2 a day of waiting and paperwork.
Though haven't been in Russia since 2007 I imagine QIWI would be just the niche provider that first the muscovites, then citizens of the secondary cities would love to have.
One flaw in your logic is that you imply the Government is monolithic and under the thumb of Putin. Think that is mistaken and the different committees have different points of view just as age groups have different points of view. What is clear is that internet shopping and eWallet transfers are very appealing in a country without physical checks.
You are one of the most articulate posters I have read over the years. However, all your posts converge to the same point ( that Sberbank is the place to invest in). While your political description may have some truth , you don't seem to know the Russian consumer landscape, where I have lived. The traditional banking system ( postal banks, payment by cash for purchases, horrific waits in line, ATMs...) is likely to disappear even in the regions.
The Russians are amazingly talented with computers and took up cell phones more quickly than we did. I expect there will be some compromise or total retraction of the proposed legislation. QIWI has already lodged a counterproposal.
I said the volatility was due to emotive Russian buyers and sellers. "Carolyn" replied they used agents and friends to accumulate assets.
Last week there were rumors (probably untrue) that a mail courier was having difficulty in bringing in goods and letters to the country.
This is thin market volatility around a highly profitable company with a high growth nice.
emoryhowie - you are a moron. You confuse the gloating of competition to the legitimate goal of making money especially after solid research
I was awake watching Tahrir Square on live feeds from al-jazeerah (the original version) through out that phase of their turbulence. And "The Square 2013" has a 100% critics rating on rotten tomatoes FWIW.
So, you are implying smart money uses proxies?
Now, I must decide whether this global equities sell-off is profit-taking or an expression of ripening Chinese local government credit problems (who lent to a multitude of steel, coal, and solar panel plants).
It does not matter if you are a man or a woman - I am falling in love with your mind!
He or she only appears when the stock price is falling... to create more selling by board members.
Still hasn't answered my question how it is that Russians cannot buy stocks in the American markets - through a overseas broker or through a Russian-domiciled broker.
This major phone operator has opened a payment system which allows for replenishment at QIWI terminals.
Is this positive?
The she or he Carolyn_Novice is absent - never got an answer to her/his interesting thought (but I think incorrect) that Russians cannot open US stock market accounts.
The question does remain as to why YNDX and QIWI have tended to sell off after openings - it could just be self-fulfilling prophecy by traders.
You are saying that Russians living in Russia require written permission (by whom?) to trade on the US markets? That is odd since wealthy Russians frequently have second homes or addresses in Cyprus, Switzerland, Spain, etc.
You are obviously a foreigner who does not write English well.
This stock may have attracted Russian retail traders who are especially emotional.