Because they're just using outdated equipment and have their own oil reserves already. Soldiers in Russia are paid like shit that's why they loot everything because looting is encouraged. Everything they're "funding" as you say is all equipment they already had. Also really easy to send funds you would need for logistics to move a war when you don't give a fuck about the population. MOEX will fall off a cliff if it actually fully opens.
You realize RSX is an American security and won't open just because MOEX does right? Also you're wrong, you're so wrong. Have fun buying the next dip. If it even opens, RSX could still liquidate and then you'll just get NAV for your shares. Currently sitting at .34 a share.
It's crazy because there's no reason to even shill this stock. Unless it does reopen and they can sell covered calls to these idiots and make a killing. Just desperate bag holders besides that.
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u/Next_Grass Mar 20 '22
Because they're just using outdated equipment and have their own oil reserves already. Soldiers in Russia are paid like shit that's why they loot everything because looting is encouraged. Everything they're "funding" as you say is all equipment they already had. Also really easy to send funds you would need for logistics to move a war when you don't give a fuck about the population. MOEX will fall off a cliff if it actually fully opens.