How does 4 million shares get traded with no action on the buy sell? Is there share dilution going on?
OGZPY about to break an 8-year downtrend. This is quite significant....to state the obvious.
Where to from here?
$8 looks like a decent 2-3 month target...with further upside depending upon politics.One thing for sure: the stock is very, very cheap on EPS, cash flow and reserves.
Target 🎯 9:30 soon
...if this closes below $4.92 then this is officially in a bear market....it would broken the moving averages of 200, 50, and now 20!
Question: when I buy OGZPY, is it an ADR? And is it equivalent to 2 shares of Gazprom shares when purchased on the Russian stock exchange?
Gazprom, the Russian oil giant, may garner some added attention in the coming months as a result of Rex Tillerson about to be named Sec of State.. The stock is, statistically, dirt cheap and compares favorably with Exxon-Mobil, Shell and the world’s other giants. With oil prices improving, this should help draw added attention to inexpensive energy providers. Now the caveats: It is a Russian stock and the government does exercise some substantial control over the company. Accounting in Russia is typically suspect, though they claim to adhere to Western accounting conventions. Management may be “friends” of Putin and there may be less motivation for profit than in most Western companies.