National Bank of Greece ADR (fka NBGGY)

[Alpha Investor]

I am treating this as a classic long term value play vetting my age at 31 with strong principle investment buy and hold very long term.

My take is Greece is certainly not out of woods by any means there is significant plight and road to recovery will be long and bumpy. My opinion is that Nbg being central bank has a low obsolete risk and I don't think the nation will entirely collapse. As such I think nbg will weather all times and slowly begin to become profitable through traditional means all banks do. All time high was what 700 a share (not sure share count then) but I think it's very reasonable that this bank could see pps 85 to 100 in 5 to 10 years presuming stratified recovery.

Imo most ihub traders trade by the hour/by the day I'm more long term institutional type of approach.