Tim Seymour Speculates On MBT, MTL And VIP
CNBC’s Fast Money Tim Seymour analyzed President Obama’s decision to give up on missile defense plan in Europe. Russia strongly opposed this missile defense plan so Obama’s decision could improve U.S. relationship with Russia. If that happens Seymour sees a clear benefit for Mobile TeleSystems (NYSE: MBT), Mechel (NYSE: MTL) and Vimpel-Comm (NYSE: VIP).
These companies had a lousy trading session on Thursday with Mobile TeleSystems (MBT) falling 3.84%. Mechel (MTL) dropped 2.72% to $16.11, and Vimpel-Comm (VIP) lost 1.45%.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: CNBC Tim Seymour Jim CramerLong Ideas Media Trading Ideas