Quote Originally Posted by Serge_spb View Post


I wonder if Hanna or anyone else here are able to see the connection between:

1. "System" shares growing from 6 to 14 roubles (!) in one day, 18 December
(check АФК Система, акция обыкновенная. , section "График архивных значений..."

.... and this

2. http://www.ft.com/cms/s/0/6b5cd064-8...44feabdc0.html

(Russian investigators release billionaire Vladimir Yevtushenkov - December 17, 2014 7:54 pm)

Russian economy is like: Putin said smth, shares go up, Putin said smth else - shares go down. Anyone notable got arrested
(ordinary thing for Russia - google Yukos history) - shares plunge immideately.

In a long term perspective that is extremely risky choice. Since "АФК Система" contatains "Rosneft" oil company.
And you can`t predict if oil prices will go up. I believe, they won`t. Even in 1-2 years.

Same with Gazprom.

P.S. You can keep "Magnit", though. That`s a great company. (Food retail: stable and fast growing)
I had no idea about that guy, but that 150% growth in a day did seem extremely strange to me. Even if there was no sanctions/oil/currency rates background, such growth alone would look pretty suspicious, and I would probably refrain from becoming a shareholder of such a company. It's an indicator of something serious going on in its internals. I think you're right about this - there's no correlation between that temp growth and the value of its shares in a long term perspective.

Btw, isn't that dude on the pic the ruler of a country where $1 is traded for more than 10,000 in their local currency?