Mobile TeleSystems OJSC (ADR) (NYSE:MBT)
CAPS Rating:
The Company is a provider of mobile cellular communications services in the Russian Federation, Ukraine and certain other CIS countries.
Main Street 1; Wall Street 0
The Company is a provider of mobile cellular communications services in the Russian Federation, Ukraine and certain other CIS countries.
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Nice fundamentals, and a recent price drop due to Putin's slamming of MTL. This is just a points play for me, I have no real money on the table with this one. Short term momentum is downwards so this pick will probably be in the red for a little while, but I do like to catch a falling knife... they do sometimes bounce real high afterwards. If this stock interests you, check out VIP, which I may also pick shortly for the same reasons.