Piraeus Bank SA ADR (BPIRY)

[koen2]

Its looking like its trading at fair value against the greek market.

So now we have to look where the greek stock is trading at.
Already 30% below the private placement price of last week.

That was euro 0.3 and $0.64 for BPIRD.

So i think everything below 0.53 is a good buy here.
Large funds invested 2.1 billion at a higher price we are currently trading at

This is going to trade over $1 by summer.
Not have taken a position yet.
Im coming back in June

Gltya.