I've owned some Greek banks and have been following for a while. Lost some money, as many have, but also made some. I promise there will be no need for a pump. Its technically hugely bullish right now, especially due to it being over the 200DMA, up volume is high, accumulation is high, and the fundamentals are improving. I personally like this level and anything under a dollar should be bought voraciously. Going to buy some more soon. But what ever movement it makes in the short term is still pittance compared to what will happen.
Greek economy is meeting and exceeding targets, massive investment is happening there (need banks for loans), and it is looking more likely that they will get debt relief. The banks are now profitable and growing, and they are slowly lowering their NPL's while outflows have stopped and deposits are coming back.
Again we are at a .05 P/E. A 1 P/E would be around $5.50. This will move up and stay up.
