NBGGY...First course of action would be to break/hold .40 and the top of the long term channel NBGGY has been trading in for the past year and a half...next we have 2 Gap Downs that need to fill...the first is at the .50/.60 range and the second is at $1.25/$2.50 range...if we should be fortunate enough to fill those 2 gaps the next resistance is in the $6.50 range...
Too many economic variables to guess the time span...some great economic events that are favorable for the Greek economy and this could fly high and fast but that is just a maybe...just have to wait and see but the Chart signals a very bullish mid term move as of today...
Filings should hit shortly and that will give you the answer to the book value...O/S is 406,178,418...which is what my research came up with on April 27, 2017...this gives them a market value of 158 Million which I think is quite low...I would like to see a 2 billion market value or about $5 a share...but what I would like may be quite different from what the market will dictate...
In the past month there have been many big block buys and some well into the $100,000 plus range...so either there are some very smart buyers who have a better scope on the economic front for Greece or some idiots...we shall see...
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