Trading a little above $3 today. I'd love to know everyone's opinions here as a long-term 5-10 year hold. Not trading it.
It very well could go bust, I understand that. The war and poor investments in a rising interest rate environment around the world have been a massive drag on this company. It's a perfect storm of headwinds. That being said, the risk-reward of the price today, how far into this war we are, and how much we've hiked interest rates around the world are starting to make me more bullish from here than bearish. It reminds me a lot of buying financials in the US during the 2008 crisis. This is a 150+ year-old financial institution. Money could flow back in when things settle out as we head into next year and people are done writing this off as a tax loss.
What are your thoughts?
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