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1M shares traded in the 1st 4 minutes and we are climbing!
Last trade was $0.96!
I thought you and Mierto were friends, since you know his mom so well?
National Bank of Greece declined to buy bonds from the euro zone's bailout fund in a sale on Tuesday because of Greece's capital controls, bankers said, a sign of the country's financial isolation.
NBG is one of 39 dealer banks the European Stability Mechanism routinely uses to help distribute its bonds.
The banks, called the Market Group, underwrite the bonds and sell them on to investors in a process known as syndication. Banks earn a flat fee plus any margin they make in the process.
Sources at two dealer banks said that NBG declined when it was asked in an online chat forum to take part in Tuesday's bond sale, citing the capital controls.
The bankers said it was very rare for dealer banks to decline an offer to participate.
NBG was not available for comment. The ESM declined to comment.
Greece reopened its banks on Monday, three weeks after closing to prevent a collapse of the country's banking system in a flood of withdrawals, but capital controls remain in place and the Athens stock market has yet to reopen.
The ESM -- which is expected to increase its issuance of bonds this year to fund a third bailout for Greece -- sold 2 billion euros of bonds maturing in October 2019 on Tuesday.
National Bank of Greece declined to buy bonds from the euro zone's bailout fund in a sale on Tuesday because of Greece's capital controls, bankers said, a sign of the country's financial isolation.
NBG is one of 39 dealer banks the European Stability Mechanism routinely uses to help distribute its bonds.
The banks, called the Market Group, underwrite the bonds and sell them on to investors in a process known as syndication. Banks earn a flat fee plus any margin they make in the process.
Sources at two dealer banks said that NBG declined when it was asked in an online chat forum to take part in Tuesday's bond sale, citing the capital controls.
The bankers said it was very rare for dealer banks to decline an offer to participate.
NBG was not available for comment. The ESM declined to comment.
Greece reopened its banks on Monday, three weeks after closing to prevent a collapse of the country's banking system in a flood of withdrawals, but capital controls remain in place and the Athens stock market has yet to reopen.
The ESM -- which is expected to increase its issuance of bonds this year to fund a third bailout for Greece -- sold 2 billion euros of bonds maturing in October 2019 on Tuesday.
I was thinking of the english version, British Motor Works!
I own SB, which is another Greek stock (shipping). I hope their recent stock performance is an indication of what will soon happen with NBG! I could buy a BMW and a boat!
I bought Ford for $1.28 back in November 2008. I bailed out @ just over $10 in early 2010. Would be awesome if NBG did something similar. Not sure there are any comparisons though?
The smoker you drink, the player you get!
I maxed out my post, so had to wait until midnight to respond. I hope NBG has a big week next week, so I can sell the shares I bought today! Need some extra cash to buy more Hanover House!
That was my .9977 buy order at 12:28:43.
NBG is out trading AAPL today, 32M:30M!
You caught my buy order! I couldn't resist the sub-dollar price.
There goes 25M, before noon!
There went 23M shares and the price is down to .95!
Looks like 20M shares printed by noon! At this rate, we could exceed 50M shares today!
It's about time, slick.
I wasn't talking about the article. I'm telling you that I am not short.
All that I am saying is that history has a way of repeating itself, so folks should be cautious! I have no short positions and I own plenty of NBG. I can afford to lose it all, so just want to make sure everyone else is in that position here!
I hope you are right, cause if you are I will move to Colorado in my new BMW to live life high like the Greeks have for years!
Disclosure: I am not short [[NBG]].
History speaks for itself! I hope this is the exception, cause I own plenty.
History speaks for itself!
http://seekingalpha.com/article/1097711-massive-dilution-coming-for-national-bank-of-greece-shareholders
http://www.nasdaq.com/article/why-owning-national-bank-of-greece-common-stock-is-an-awful-decision-cm290526
http://www.fool.com/investing/general/2014/01/28/volatility-is-coming-heres-how-to-hedge-national-b.aspx
Lol. Mmmk flipper.
Looks like NBG printed 15M shares today!
CYTOKINETICS TO ANNOUNCE SECOND QUARTER RESULTS ON JULY 29, 2015
South San Francisco, CA - July 15, 2015
Cytokinetics, Inc. (Nasdaq: CYTK) announced today that it is scheduled to report second quarter results on Wednesday, July 29, 2015 at 4:00 PM Eastern Time. Following the announcement, Cytokinetics’ senior management will host a conference call at 4:30 PM Eastern Time to discuss operational and financial results and the company’s outlook for the future.
The conference call will be simultaneously webcast and can be accessed from the homepage and in the Investor Relations section of Cytokinetics’ website at www.cytokinetics.com. The live audio of the conference call can also be accessed by telephone by dialing either (866) 999-CYTK (2985) (United States and Canada) or (706) 679-3078 (international) and typing in the passcode 34466161.
An archived replay of the webcast will be available via Cytokinetics' website until August 5, 2015. The replay will also be available via telephone by dialing (855) 859-2056 (United States and Canada) or (404) 537-3406 (international) and typing in the passcode 34466161 from July 29, 2015 at 5:30 PM Eastern Time until August 5, 2015.
I use the Extended Hours tab under StreetSmartedge from Schwab.
I use the Extended Hours tab under StreetSmartedge from Schwab.
There goes $1.28! We could shoot to $1.43 in the next 10 minutes!!!
Just hit $1.26!
Just hit $1.26!
$1.24 is up, but will take some effort to break thru. when it get's thru $1.24, it will quickly shoot up!
Just hit $1.22!
After market just hit $1.21.
23:58
The "Yes" vote was a prerequisite for tough bailout negotiations to begin.
23:55
The Greek parliament approves reforms demanded by the eurozone as part of a new bailout deal.
I'm All In!
Just picked up another 4K @ $1.3385 in pre-market. That puts me just short of 93K shares. If this goes back to $2, I'm getting my BMW to reward the Germans!
Trade just went through $1.24!