May file for bankruptcy to pay lawsuits

Somebody's going to hurt. Reverse split.
‘‘We are pleased to have strengthened our balance sheet by $10 million in line with the current trading price of our stock in this difficult environment for drybulk companies. In addition, to avoid being delisted from the NASDAQ during the first half of 2016, the Company believes it will be necessary to effect a reverse stock split of its common shares. The issuance of the preferred stock, together with the continued support of Sifnos, which has expressed its support of the Company’s intention to maintain its NASDAQ listing, will assist us in obtaining the required shareholder approval to effect a reverse stock split.’’

That three days that you're talking about to settle is only in for CanadIan's selling U.S. or Canadian stocks... If you live in the USA tax loss ends December 31.

http://stks.co/s3NvC

December 31, 2015 is the last day for tax-loss selling for U.S. taxpayers for Canadian and U.S. securities. Here is the site just change the dates.
http://www.financialpost.com/m/wp/blog.html?b=business.financialpost.com//personal-finance/remember-your-tax-loss-selling-deadlines

Tax loss selling in U.S till Thursday...many people have lost tons of money on this and will sell the stock to use it as a tax loss for 2015. Could go back to $.30 by Thursday

Tax loss selling till December 31...since this has dropped drastically this year there will be lots of tax loss selling for the next 4 days... Share price could drop

Reverse split news read .... At the bottom it says April. And reverse split is any day now because the 180 days ends on October 12, 2015....The reason why the price has gone up is because shorts are covering before reverse split is implemented .. http://www.seatrade-maritime.com/news/americas/dryships-gets-nasdaq-delisting-notice-over-low-share-price.html

Nice pump and dump guys

Reverse split coming soon

Hope so. But I think pink sheet stocks don't have to give any warning

Merry Christmas.
I'm also saying the RS already happened.
Then this article came out December 14 which again mentions new shares being listed in the new year. I don't know if they're talking about the new shares that came out prior to this article or if they're talking about additional new shares. I don't think we have long to wait before we know


http://stks.co/f3fJg

Reverse split was done before this article came out so it sounds like they're going to do another reverse split.

http://stks.co/f3fJg

This is the original news release before the reverse split .....
In a press release dated Nov. 24, National Bank of Greece said common shares would cease to trade in Athens today through December 2 February, because of a recent reverse split of shares.
“27/11/2015 is designated as the last day of trading of the 3,533,149,631 existing common, registered shares of the Bank in the Athens Exchange … from 30/11/2015 until and including 2/12/2015, there shall be a temporary cease of trading of the shares of the bank, in order for their replacement to be concluded …”

Happy holidays to you also and everybody else on this board

NEW SHARES ??? Another R/S ?????National Bank, which next year celebrates its 175-year anniversary,” on Monday, ahead of the listing of new shares in the stock market.

http://greece.greekreporter.com/2015/12/14/nbg-governor-2016-marks-the-beginning-of-a-new-course-for-nbg/

Greece stock market closed today and tomorrow. United States stock market open till 1 pm today and closed tomorrow

Both board and stock are silent

I think you would want to rephrase that. It was the worst buy at .15 before reverse split was done

It's a bit complicated. The sale I believe will pay about 80.% of what Nbg owes The European lenders....
So there could be a little more dilution. As far as factored in I'd say 25%

$2.95 + $.910 = $3.86 Billion

$3.86 Billion if I read it correctly

http://www.ekathimerini.com/204547/article/ekathimerini/business/qatars-qnb-acquires-national-bank-of-greeces-stake-in-finansbank

yes very close with the exchange rate only

The usual few cent premium that we pay for in the states didn't happen today. We are pretty much at par with Athens so I think tomorrow will be green

Should close green like in Athens where it was up 3%

Solar panels replacing wind power that's why all wind power companies are going down the drain

Solar panels in : solar wind out

ended the day up 3% in Athens ... Equivalent of U/S $.37 with usual premium

.40+ by Wednesday is my guess

Real time quote up 1.33 % in Athens

if green tomorrow we'll be over .40 by end of week...tax lose here has mostly already happened

Nbg gets €120 million in deposits
http://www.ekathimerini.com/204480/article/ekathimerini/business/nbg-absorbs-cooperative-bank-of-the-peloponnese

Real-time quote up 1.67% in Athens

The volume here is around 10 million in Athens 200 million ... Just wondering if those $.30 new shares are being dumped in Athens only and if a reverse needs to be done it will only happen in the Athens exchange and not the ADR

do you think the ADR has to do another reverse split or is Athens going to reverse split only

Institutions bought this month read.
According to Greek banking sources, Capital Group, Pimco, WLR Recovery Fund, Wellington, Fairfax, Brookfield Capital Partners and Highfields Capital Management are among those who jumped at the opportunity to invest in Greek banks at below-market value this month.

HUGE NEWS !!!!! driving price up .
http://mobile.reuters.com/article/idUSA8N13F00620151217

Up 7% now in Athens

up over 5% in Athens as of now. Those holding those cheap shares must be holding onto them as they know they may get a lot more in the near future

Opened up 2.07% in Athens