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RUSL

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Posts: 5

Prospect

Joined: Jul, 2014

Posts: 82

Posted: Dec. 11, 2014 - 2:56 PM ET #1

Does anybody have insight on this stock? I've been following it for awhile. Is it a good time to buy? There's a 6 for 1 reverse split coming.

Veteran

Joined: Sep, 2009

Posts: 2090

Posted: Dec. 11, 2014 - 7:56 PM ET #2

Russian economy commodity driven----commodities suck right now---well except for palladium

Veteran

Joined: Sep, 2009

Posts: 2090

Posted: Dec. 11, 2014 - 7:59 PM ET #3

RUSL/RUSS used to be a good day trading combo but drop in oil doomed RUSL and of course I didnt stay in RUSSh during the runup

-----Russian banks have some serious notes coming due next 6-12 months so...............................DYODD

Veteran

Joined: Mar, 2011

Posts: 1427

Posted: Dec. 21, 2014 - 9:08 PM ET #4

global bailout coming

Covers Rehab

Joined: Jan, 2005

Posts: 8856

Posted: Dec. 23, 2014 - 12:00 AM ET #5

A reverse split ? That is never a good thing.. Besides, it is a bet on Russia. And Putin is not interested in the Russian Economy anymore..

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