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What are you buying today?


LowIQinvestor

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Picked up some FB under $200, was looking at some other names early, left the PC and was surprised to see the rally when I looked again toward close, didn’t expect that. Not saying that it will be sustained but man, continually hoping that this is the start of a sustained buying opportunity and it never lasts. 

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19 hours ago, Mephistopheles said:

Lukoil and Gazprom, small positions. Cost of production (in rubles) is low and sales (in dollars) is high. With oil prices where they are, I can't imagine the world banning Russian oil. And with their economy collapsing, I also can't imagine Russia blocking exports, it would be suicide for them. Question is will the govt confiscate the dividends/earnings from non-Russian shareholders.

yes...the question you ponder at the end is sorta the point. I do not see how folks can invest and talk of "cheap" and valuation etc when these paradigms are not US/SEC/shareholder value oriented contexts at all

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