What I Am Buying Today.

[fenders53]

(02-28-2022, 06:01 AM)cemanuel Wrote:

(02-27-2022, 07:45 PM)fenders53 Wrote:

(02-27-2022, 12:45 PM)stockguru Wrote: BP going to get hit hard tomorrow. Thinking at least 10-15%. Depending how far it goes down I may have to buy more.  I will be watching

BP have confirmed they are offloading rosneft stake according to the BBC.

The market will attempt to figure out a multitude of sanction side effects for many companies.  EU and US is large enough to squeeze any country economically, but there will be some cost.

Yeah - going to be some pain. Both investing and otherwise. That's OK, it's nothing compared to what Ukrainians are going through.

On the plus side, beyond energy, Russia's economy is tiny. But energy impacts everything.

Agreed, I understand Ukraine's western lean was annoying Russia, but the invasion was an incredible over-reach.  I wasn't paying close enough attention to the Russia-Ukraine conflict either.