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Slow bleed all week. Friday and Monday way down before reverse split s voted upon Tuesday
NASDAQ down 7% on 40,000 shares
what is happening is ...shorts are covering and longs are selling ...huge struggle right now.....
For the people that are looking for an exit perfect opportunity for you today
Up 2% ...if shorting was banned till today wouldn't they be selling their position today to cover since it's gone down so much since the ban was implemented thus making the price go higher
The share capital increase and conversion is done at .30 euro per common NBG share - that sounds like big dilution for existing shareholders....,this was taken from another board so it sounds like the share price will fall to $.32 US next week. But $.30 US is probably not the bottom I'm guessing $.15 US will be the bottom next week
Then it's senseless to have a vote on a r/s if the government owns 53%...
It's a waste of time and paperwork
It says nbg will issue new stock but doesn't say anything about a reverse split...
Was a reverse split mentioned anywhere in the news by national Bank of Greece
Why shareholders would ever vote yes for a reverse split Is beyond me...yet it happens all the time...
R/S is 5 for 1 in the U.S. and 15 for 1 in Greece according to someone on another board
Look at past reverse splits of the stock....as soon as the split was done price per-share went down like a rock
Get the lawyers. Unlawful insider trading.
Management at national Bank of Greece were trading shares at beginning of week. And we find out about the reverse split today. Shareholders should be all over this and get the Sec or the proper authorities involved
I thought I read the non shorting was till Nov.9th....
I'm pretty sure they set some kind of an average price for the reverse to be done at.., and in this case someone mentioned they picked $.65 US
Not sure if anyone's mention it here but someone on another board said after the reverse the share price will be $9.75 U.S.... Which means they are doing the reverse at $.65 US. So if you can pick anything up under $.45 before they do the reverse split you will make a profit when reverse is implemented
BLOOD BATH ON MONDAY. I THOUGHT COMPANIES WERE TO ANNOUNCE A R/S BEFORE THEY IMPLIMENTED IT .. .WTF......So reverse split then dilution of shares and lifting of non shorting ban...
Anything else you dumb ass management want to throw at us......I got out today at the last minute only because of the lifting of the shorting ban..... I got so F%#^>#<ing lucky today
$50 million contract and the price doesn't even move
news news news lmao. This news is going to bring it down to the $0.01 even faster. You will see with the news that it won't get past $.04 and this is because with all these contracts they don't make money. That's why they had to pay the guy with shares instead of a measly $42,000 for his salary
Within two weeks I'll buy in the .01's
If I had a penny for every time I heard this about an OTC stock I'd be a millionaire
$.01's soon If this doesn't move up today
What is the advantage of the 1 million share issue to the new employee over a measly $42,000 for the six months of his employment
If they are making all kinds of money why did they have to sell 1 million shares to pay for the salary of the new employee .doesn't make sense to dilute shareholders
The Greek market is like the Greeks. Pathetic
The media is so corrupt that they're trying to use the sale of Finansbank as a desperate act instead of an act to save the shareholders
Only down 2% in Greece
almost green in Greece now
Good news and it's starting to move up in Europe. http://m.4-traders.com/news/EUROPE-MARKETS-European-Stock-Markets-Rally-As-Draghi-Remains-Dovish--21342742/
EGFEY if any one is invested in this Greek bank they reported yesterday that they are doing a reverse split. They will give you one share for every hundred that you have.
Are you staying up to see where the stock opens. Look up "Nbg on 4 - traders" this is a life quote and the ticker changes with each trade.it has pre-market and the actual opening of the market is 3:30 AM eastern time.
The stats you see at the bottom right-hand corner are from yesterday's trading. Wait a few seconds after getting into the site as it has the opening stock price and then the real time starts
I'm trying to sleep myself but not sure if I'll be able to
Yes, I wouldn't mind a day like this every day....would be great for the stock but I would however like to change the ending of my message to other than looking lol
Good thing I wasn't here to watch this fiasco today. Was on third date with a Barbara Eden look - alike when she was young. Absolutely gorgeous. This third date consisted of me working my azz off from 8 AM to 5 PM in her garden. I won big-time today. I didn't have to sweat through the stock halt which ended with good news and I got to watch this beautiful lady with a knock out body and wearing spandex pants bend over all day :))))). The work didn't tire me out but I got a headache from thinking of what I wanted to do to her
we have till February 11 to get the price over one dollar. If not Nbg can get another extension
Bad loans gone by the NOV. read
http://www.bidnessetc.com/56566-national-bank-of-greece-nbg-greek-banks-prepare-for-recovery/
Thank you very much. PeanutBuddaJamm :)
Up almost 9% in Greece now
Guess not
Could somebody give me a follow tick as I don't like the number 13 lol