Thanks. MBT price should move with the ruble and US dollar exchange rate, and ruble will move with oil price. Current oil price is not sustainable long term. But near term, oil price may dip further lower. So does MBT price. So, MBT could be a buy or a sell to an investor, all depending he is for long tem gain or for avoiding more short term loss.
I will explore if we can file a lawsuit to force CEO to raise the go private offer to a much higher value since I feel he try to steal from shareholders and is unethical. Anyone has any suggestions on which law firms to contact?
My gain on Renn is over 30% now. But I feel Renn worth a lot more than $4.2 per ADR.