—”Once they get unfrozen they’d get it back with a huge bonus.”
SUCH A DEAL!
So how much are you in for?
Got a hunch, buy a bunch!
But you bought nothing, what a believer.
Some Russian ADRs and ETFs are available!!!
Buy on the rumor and sell on the news.
There is a way to profit from every situation. I had plenty of the American sticks last February and they naturally appreciated in rubles by three times when the ruble temporary appreciated.
Russian 10 year bonds crashed at the se time and I sold American stocks and bought them instead. My entry points weren’t great which is not unexpected on such volatility, but I now hold it excess of $500,000 in Russian bonds, that are going to pay me about 40% each year (in dollars) for years. And that on the original speculation worth $100,000+.
What not to like?