[lbo-talk] Gazprom in the U.S.

joanna 123hop at comcast.net
Tue Oct 18 23:03:53 PDT 2005


I asked my broker about Gazprom and he said:

OGZPF is the symbol on our exchange, I think the value will be reflected on the exchange here, everything being equal...

Is that right? How does that tally with your saying that it's only traded on the London exchange?

I'm sooo confused.

Joanna

Peter Lavelle wrote:


>Clarification: Gazprom's foreign traded shares are
>ADS' and on the London exchange. If you are investing
>for the long-term, buying this shares is ok. If you
>are looking for a short-term return, do not buy them
>as they will surely drop in value when the difference
>between ADS' and commons comes to an end later this
>year.
>
>--- joanna <123hop at comcast.net> wrote:
>
>
>
>>I don't know what ADR is, but Peter says DON"T buy
>>it via the NYSE.
>>
>>J.
>>
>>Willy Greenfields wrote:
>>
>>
>>
>>>>Good for you Peter. We all want to retire some
>>>>
>>>>
>>day.
>>
>>
>>>>Very frustrating being here, with money, and not
>>>>be able to buy a few shares.
>>>>
>>>>Joanna
>>>>
>>>>
>>>>
>>>>
>>>I believe ADRs are available.
>>>
>>>
>>>
>><http://today.reuters.com/stocks/Overview.aspx?ticker=OGZPF>
>>
>>
>>>
>>>
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