Article: “Iraq Stock Exchange launches instructions online trading system for investors”
Quote: “...he emphasized that the service will be launched in the first quarter of 2017...”
[Is anyone else able to hear the can being kicked down the street another time?]
I hear it loud and clear.
Here’s the thing, for years now anyone, who wanted, could buy Iraqi stock.
The thing is, who wants to?
Until the investment and banking laws are in the books and the banks are functioning like they’re supposed to, no one is going in and buying up shares of Baghdad Bottling,
It’s just not worth the risk.
There are tons of other penny stocks to buy in countries that are much more stable than Iraq, the reward just isn’t enough.
