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This is a fairly obvious ploy to lock up liquidity and make sure no trades are on the ticker. With no trades on the ticket prices will look stable to naive par
by kasey_junk 5y ago
This is a fairly obvious ploy to lock up liquidity and make sure no trades are on the ticker.
With no trades on the ticket prices will look stable to naive participants but the spread will get gigantic.
The smart money will still be exiting fast.
- woodruffw 5y agoI wonder who the naive participants would be in this case. Russia's institutional investors would presumably know better, no?
- kasey_junk 5y agoCorrect. This is purely for the “yahoo” equivalent consumer market. Russia listed equities are effectively frozen at this point.
- cyanydeez 5y agoexcept, how is it liquid if they cant divest.