National Bank of Greece ADR (fka NBGGY)

[Chriss777]

Not to be negative. But I don't see NBGGY rising much further while trading in America. There's no incentive to buy the stock here unless it's for a very quick trade and dump. That 0.05 fee imposed by BNY Mellon makes it expensive to own shares which need to be transferred in March. The more you own the worst off you are if you plan on holding. The incentive is to sell. Some here may disagree, but we really got screwed. First the ADR is cancelled by NBG. Then The Bank of Mellon is raping us with this 0.05 fee you have to pay in order to do the conversion. You're dammed if you do and dammed if you don't.