StockTwits Banter: Trading Russian Stocks
Submitted by Sizemore Insights as part of our contributors program
StockTwits Banter: Trading Russian Stocks
by Charles Lewis Sizemore, CFA
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Beware the Russian bear!
Think this guy is afraid of a little bear market? Think again! $RSX http://stks.co/q19eJ
— Drasko Kovrlija (@NoanetTrader) Dec. 16 at 10:38 AM
It’s been a wild ride for investors in Russian stocks–myself included. Russian stocks have proven to be a frustrating value trap, a cheap market that continues to get cheaper. But at least we can keep a sense of humor about it…and hopefully trade our way through it.
Here are some good tweets on the Russia rout:
Never seen this on Stocktwits trending… The Russian mindshare of the stream – 3* bearish fund up 30 Percent $russ http://stks.co/s19Di
— Howard Lindzon (@howardlindzon) Dec. 15 at 12:54 PM
Every economist and two cent bloomberg terminal user in the world was on Twitter sharing Ruble charts yesterday. None had a trade idea.
— Howard Lindzon (@howardlindzon) Dec. 16 at 10:53 AM
@howardlindzon punchline; Conservative pundits mancrush on Putin crowing and confusing his desperate belligerence as strength few months ago
— Bill Blake (@hotdoggin69) Dec. 16 at 09:03 AM
And now it takes a turn for the ridiculous…and hilarious:
Hearing a rumor that @charlesizemore put his entire book and kids college funds in $RUSL at the low…
— David Fabian (@fabiancapital) Dec. 16 at 10:31 AM
@fabiancapital @charlesizemore that would be a good Texan’s way to do it. (Texas State Motto: Go BIG or Go Home)
— Sean McLaughlin (@chicagosean) Dec. 16 at 10:34 AM
@chicagosean @fabiancapital No, a true Texas hedge would be to short $RUSS and use the proceeds to buy $RUSL.
— Charles Sizemore (@CharlesSizemore) Dec. 16 at 10:43 AM
@chicagosean @fabiancapital Which, of course, I OBVIOUSLY did at exactly 9:45EST this morning.
— Charles Sizemore (@CharlesSizemore) Dec. 16 at 10:44 AM
@CharlesSizemore @fabiancapital reminds me of the ‘ol O’HARE SPREAD, we used to do at the CBOT. (1/2)
— Sean McLaughlin (@chicagosean) Dec. 16 at 10:50 AM
@CharlesSizemore @fabiancapital Put on HUGE trade. Hop on train to O’Hare. Call office. If position is up, come back. Down, fly ANYwhere.
— Sean McLaughlin (@chicagosean) Dec. 16 at 10:51 AM
@chicagosean @fabiancapital UPDATE: I reversed the $RUSS short / $RUSL long position at EXACTLY 11:40EST.
— Charles Sizemore (@CharlesSizemore) Dec. 16 at 11:07 AM
@chicagosean @fabiancapital And I’m flying to Moscow this afternoon to personally advise President Putin on all economic matters.
— Charles Sizemore (@CharlesSizemore) Dec. 16 at 11:09 AM
@chicagosean @fabiancapital When did this turn into a Dos Equis “Most Interesting Man in the World” commercial?
— Charles Sizemore (@CharlesSizemore) Dec. 16 at 11:10 AM
@CharlesSizemore are you going shirtless or with the Karate outfit?
— Jamie Cox (@jamesacoxiii) December 16, 2014
@jamesacoxiii I believe all Russian cabinet meeting are held shirtless, oiled and on horseback. As they properly should be.
— Charles Sizemore (@CharlesSizemore) December 16, 2014
This article first appeared on Sizemore Insights as StockTwits Banter: Trading Russian Stocks