LUKFY - How Not To Trade Lukoil And Russian Stocks

• Unlike Gazprom and Rosneft, Lukoil is a non-state owned energy company and the largest at that.
• With a P/E below 1 and a dividend yield north of 100%, there is tremendous upside potential, as well as the possibility of going to zero.
• While initially exempt, over the course of several days, all of the major US brokers eventually banned the buying of Lukoil, too.
• This created a trader’s nightmare; suddenly only selling was allowed, not buying.
• Counterintuitively, ostracizing Lukoil right now may not be the best for Ukraine.

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