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Indeed it will
I hope you're right. I was thinking they may be able to retract ownership of shares from us and somehow claim any monies associated in each shareholder's account. It sounds ridiculous now that I'm typing it out, but I don't know if they can or cannot do this by law.
Definitely sounds bad, but ... Maybe they are talking about the senior bond holders who volunteered to help recap the banks in order to protect their existing bonds???
I'm starting to think we're in our new range for a while...no more $1.10-$1.20s for a while - especially if they dilute the snot out of it.
That's right! Lmao
Might be time to get into the swing of things to recover losses before walking away.
If a bail-in is still a serious threat to shareholders at this point, and the fear comes to a head, we're about to kiss our $$$ goodbye.
We need the IMF in
No fat lady, yet. It ain't over til the fat lady sings. I'm still looking for the fat lady. Maybe she's in the hallway warming up her vocals. It's just like this drama to leave us this way on a Friday...just like a commercial break on TV. Oh, the suspense...
Lol...idk...telekinesis?
Yeah, I'm done figuring it out here...just watching for the run
I like it when she's poppin'. She's poppin' good...seems strange with this stock on a Friday afternoon.
Green Day...like the band
Green Day rocks, lol
Admittedly, I never listened to them much, but I like their name.
It's the bank's idea, so...
I think at that point it just becomes a scam/fraud, and heads need to roll.
Issuing bonds for sale is a loan to be repaid at the maturity date at the agreed interest rate - as I understand it. I'm not sure it can be related to printing money. It's more of an IOU. What may be nice about it is the fact that, if it's in lieu of current debts, it gives them a longer stretch of time before payment must be made and possibly at a lower interest rate. It will save Greece plenty of money...if done fairly and in Greece's best interest for a recovery.
Can't argue with the numbers. Popularity in products = gross profits.
I would love to get a good flip out of this before the stress test and buy back in on a good dip.
So the banks will accept government bonds in lieu of payment on current debts...but I'm curious at what rate? Sounds favorable - on the surface.
I was just thinking the same...always in the wee hours.
If so, when does the pps begin to reflect that "hyper-growth"? When will we see the volume/investor interest spike? Nothing matters until investors begin to be rewarded here for their extreme patience...IMO
Should've sold both times it hit $50, but I'm going long on this one...thought it would run more at the time, as well. If so, I would've flipped it and bought back in. I believe we have room for a big run this year or early next year.
No touristy stuff. We'll do what the locals do, and it doesn't cost much to sight-see! Lol. We'll have to see how much money we make here before any plans are made to spend any of it.
Gonna give a little back? I told my wife the same thing...we'll take a little trip and go eat at some agreed restaurants...leave a nice tip...see the sights.
If you can get down to that $1 mark you'll really make some money when it pops. I'd like to get mine a little lower, but I have to curb things for a bit after this next purchase. It's time to buy a new truck. I've been without a note for four years. Sucks...but mine caught on fire. It's not bad, but the adjuster comes out today. I think he may call it a total loss. I'm getting a new truck regardless. I'll fix this one and put it into service for my company. You can't kill a Cummins diesel. It'll probably need new wiring though - which is expensive. My next truck will be a dually 4x4. I'll need it to carry all of my profits from NBG to the bank! I'll give you a lift if need be. You can put your profits on the trailer in tow behind me. Lol - roll into the bank parking lot and make the armored truck guys jealous.
I'm averaged in at $42. I expect to double over time...a rather short time. How many people do you think will get a Fitbit for Christmas? Tons
My wife bought one on July 21st. I tried to sway her to check out the Garmin which was propped up right next to it on the display. I referenced the quality of my Garmin gps that I use for navigation in the woods while hunting. She didn't want to hear it. She had done her research and Fitbit was getting out money. I think this is the broad sentiment. I asked my FB friends their thoughts on the product. Several people have, or plan to have, a Fitbit.
I'll take $4 billion under my mattress, though. Lol
Good to know. I thought they could sneak it by us. I was adding another $1K to my account when your message came across. Times are a little lean right now, but I want to average down as much as possible. I'm at $1.02 and some change right now. I haven't been able to take advantage of the low $.70s yet. I think I may get another shot at it before it goes up...possibly even the upper $.60s. That'll get me below a dollar. I have 8,900 shares...and counting.
The estimate I read stated 40 billion under mattresses...not 4. So, that's significantly better.
NBG SA up 5%
NBG ADR down almost 5%
Guess we're just going to meet in the middle.
Good read, thanks. That line of thinking makes decent sense to me.
Bridge loan = thumbs down
I must say, I am thinking dilution has been keeping us at bay, as well. I'm ok with it. I don't want the bank to fail. Sell more shares. It's not like a penny stock scam who CEO's sole purpose is to live large off mass dilution until the well runs dry without any intention of growing the business. If introducing more shares into the market will keep us all from eating crow, let it be. Even if there is a reverse split afterwards...it's understandable that, once they are on their feet again, they may want to reign in market share. I feel locked in without a choice right now, but I don't feel that averaging down is throwing good money after bad. I want to build a large position here, averaging down as much as possible. In the end, when calm returns and business is bustling, we will enjoy the fruits of patience.
Indeed, it is.
I hear the engine revving...waiting on the power band to kick in. Let's get this deal done and get to the business of recovery.
The down days help you to appreciate those up days! Right? Lol
Lol...true dat
My thoughts, also
I'm Jammin'! Too bad NBG isn't...more like a log jam today, lol
I'm curious to see the affect that a merger will have on shareholders between Piraeus and NBG
That would be nice to see. I'll be glad to see $1.60 for starters.