5 ms·

Time to short Samsung.

• twblalock 10y ago
  It's not that easy to buy Samsung stock outside of South Korea.
  • colejohnson66 10y ago
    SSNLF?
    • twblalock 10y ago
      Not that easy unless you are a bit more into stock trading than the average retail investor, or willing to lump SSNLF in with a bunch of other South Korean companies in an index fund. http://www.nasdaq.com/article/why-and-how-to-invest-in-samsung-ssnlf-cm610116 http://www.nasdaq.com/article/why-and-how-to-invest-in-samsu... > The shares of Samsung don’t trade on major exchanges like Nasdaq and NYSE in the U.S. It is listed on the Korean exchange and available as GDR in London and Luxembourg. However, in accordance with Rule 144A of the U.S. Securities Exchange Act, U.S. citizens are prohibited from investing in GDR’s. The following options are available to U.S. investors: > 1. Investors can either buy shares directly in the Korean stock market after proper paper work or through a local securities firm or bank (Merrill Lynch, Pierce, Fenner & Smith Inc. are eligible) > 2. Investors can buy Samsung’s shares traded over-the-counter in the U.S. > 3. Investors can opt to take exposure to Samsung along with other Korean companies by investing in a South Korea ETF, for example, the iShares MSCI South Korea Capped ETF (EWY) has a heavy exposure of 20.64% towards Samsung Electronics Co., Ltd.
• comboy 10y ago
  Not a trader, but it sounds more like a blood in the streets situation to me.