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what a long slow journey $3.44 yuck
now finally back above my cost base..$5.89..weeeeee
Still waiting for this to favorably turn
Yes I'm waiting even if it takes another year. But this REALLY hurts
amen
Who the hell is selling this at this level.
It's just mind boggling.
A 10 for 1 split
si30
Good question
If you get an answer please post
JB I seem to get an (Accessdata) error message on your link
Hmmmmm, maybe after the split and see how the wind blows
NBG - 6k- I concur, the language at the end was of a generic nature.
But these head fakes are something to behold.
sheesh
NBG- my head is spinning on the ever changing scenario valuations.
A post from the NBG board is much on my mind.
Mierto Tuesday, 11/24/15 05:25:10 PM
Re: None
Post #
12812
of 12815 Go
I am a little confused now with this stock given that there is the ETE ticker for the Athens exchange and our lovely NBG here on NYSE.
From what I just read, it all says this is for ETE and the stock traded on the Athens exchange. It has no implications for the US stock exchange, and explicitly says this at the end of the more recent 6-k.
With that said, what happens to NBG???
Are we going to get the reverse split still? Will there be dilution? Will the stock price jump up to the ETE value post-r/s (that doesn't make sense to me, nor could that be the case because NBG would have skyrocketed in PPS), or will NBG just find a "reasonable" price value determined by the market once ETE resumes trading after their halt on the 3rd of
December??
I just thought when the Bank of Ireland did its reverse splits back when their bank went under, they had to do separate filings for both the ticker for London's exchange and the ADR version.
This has been mentioned a few times in other articles/boards, but I've yet to see it discussed here.
A lot to analyze here, and anyone willing to help break this legal jargon down into more simple and understandable terms would be appreciated.
GLTA
Ty dabonenose, thats what I was thinking, but this part of Il Padrino's message
Am I mistaken that if things remain close to what they are now that the split adjusted price would be in the upper $7 range.
I hope it wouldn't slip to the $2 range
Yikes, just added some more in pre market @ .528
I have 27k @ $8.10 average and I am worried
Kids in the playground often don't change much growing up,and at the same time it's hard to keep giving your wayward bro money while you know it hasn't been going for food
A sample of the euro sentiment of a Grexit
http://www.theguardian.com/business/2015/jul/12/eurozone-crisis-which-countries-are-for-or-against-grexit
After five years of battling to keep Greece in the eurozone, the German chancellor, Angela Merkel, is now warning that there cannot be a deal at any cost. A German government paper floated the idea of expelling Greece from the eurozone for at least five years. But France and Italy argue that Greece must be kept in the currency union, fearing Grexit would be a historic mistake that would damage the credibility of the entire European Union.
Live Greece debt crisis: Athens faces 'temporary Grexit' if no deal - live updates
Greece is being pushed to accept and implement even more austerity measures and reforms, or get a ‘time-out’ from the euro
Read more
Several countries that have recently emerged from their own painful austerity bailouts, such as Portugal and Ireland, want to ensure Greece signs up to credible reforms to get further help.
Even if eurozone leaders agree on Sunday night to open talks on a €86bn (£62bn)bailout for Greece, some national parliaments could still oppose the plan. Finland is certain to reject another bailout for Greece to avoid a schism that could topple its two-month-old government.
Finland’s refusal could embolden other eurozone members to block a deal, especially those in central Europea and the Baltic, which are proving to be the fiercest critics of the Greek government. Lithuania has hit out at what the Lithuanian president, Dalia Grybauskaite, called Greece’s “mañana” approach to negotiations; Slovakia fears the eurozone could become a “zombie” area if Greece stays.
Potentially, eurozone governments could override Finland, or another small country, by resorting to an emergency voting procedure that requires only 85% of eurozone governments to support a bailout. But this could be politically explosive, as well as uncharted legal terrain. To use the special voting rule, eurozone leaders would have to agree that “the economic and financial sustainability” of the eurozone is at stake. But many governments have spent weeks arguing exactly the opposite.
Open to Grexit
Germany: Angela Merkel has long sought to avoid going down in history as the German chancellor who presided over the breakup of the eurozone. But her government and many centre-right MPs are not convinced that Greece has done enough to justify a new three-year bailout.
Austria: Austria has been consistently downbeat about the prospects for an agreement with Greece and thinks the risks of broader contagion to the rest of the eurozone from an exit are limited.
The Netherlands: The Dutch prime minister, Mark Rutte, is a close ally of Merkel and wants Greece to come up with far-reaching reforms, otherwise “it will be over quickly”.
Belgium: Although a champion of EU integration, Belgium’s centre-right government is worried the eurozone’s credibility would be damaged if agreements with Greece were changed.
Finland: The nationalist Finns party has threatened to pull out of the ruling coalition and topple Finland’s two-month old government if the country agrees to a third Greek bailout.
Slovakia: An amicable split between Athens and its eurozone partners would be better than allowing Greece or the entire currency bloc to turn into a zombie state, argues Peter Kažimír, Slovakia’s finance minister.
Lithuania: Lithuania is the newest entrant to the eurozone and one of Greece’s harshest critics. The president, Dalia Grybauskaite, has said Greece’s proposals are insufficient and based on outdated information.
Latvia: The Latvian prime minister, Laimdota Straujuma, insists she will not sign up to any agreement that means writing down the value of Greece’s debts, while the head of Latvia’s central bank thinks Greece has already “voted itself out of the eurozone”.
Malta: “We need a solution but not at any cost,” the prime minister, Joseph Muscat, has said. Malta is against reducing Greece’s overall debt burden, but is prepared to make repayment terms more flexible.
Wavering, but prefer to avoid Grexit
Portugal: Portugal went through three years of painful austerity in exchange for a €78bn bailout. Although not in favour of Grexit, its liberal-conservative government opposes debt relief for Greece, arguing that Athens should get its house in order.
Ireland: The taoiseach, Enda Kenny, has urged fellow European leaders to look at the bigger picture. But Ireland has swallowed its own bitter austerity medicine and is keen to ensure Greece does not get a no-strings bailout.
Cyprus: With memories of its own chaotic €10bn bailout in 2013 still fresh, Cyprus hopes Greece will stay in the eurozone, but would like to see further reforms.
Slovenia: Slovenia would like Greece to remain in the eurozone, but would like to see Athens sign up to verifiable reform measures to regain trust.
Estonia: Along with its Baltic neighbours, Estonia has also taken a tough line with Greece. But Estonia’s president, Toomas Hendrik Ilves, has warned that a Greek default could cost poorer eurozone members 4.2% of their GDP.
Anything to avoid Grexit
France: At the 11th hour of the debt crisis, France became Greece’s champion. The French president, François Hollande, is determined to strike a deal and thinks Europe’s future is at stake.
Italy: The Italian prime minister, Matteo Renzi, is determined to keep Greece in the eurozone and stop the “humiliation” of a European partner that has given up so much already. “Enough is enough” is the message he wants to convey to Germany.
Spain: Madrid thinks keeping Greece in the euro is vital, but the centre-right government in Madrid will not want to make conditions too easy on Athens for fear of boosting the anti-austerity Podemos party.
Luxembourg: Always a stalwart of European integration, Luxembourg argues that Germany has a responsibility to prevent Grexit. The foreign minister, Jean Asselborn, has said Grexit would trigger a deep conflict between Germany and France, which would be a catastrophe for Europe.
More q&as Topics
Eurozone crisis Economics Euro Europe European Union More…
motel of love-
root boy slim- WWIII-
the best kooky guy was root boy slim
rich white republican-
Super nice. That was some shrewd poker playing there to get that much needed debt relief. Time for a little Zorba dance
Chances of Grexit 40%: Billionaire Wilbur Ross (7/07/15)
There's a 60 percent chance Greece will stay in the euro zone because an exit and return to the drachma would be even worse, billionaire distressed asset investor Wilbur Ross said Tuesday—as European leaders were meeting in Brussels to discuss their next moves.
"The drachmaization would be terrible for the whole country, including for the banks," because euros in accounts outside the country and "under mattresses" would not come back into circulation," he said. "My guess is you would have the drachma trading somewhere between 25 cents to 50 cents on the euro. So it would be a pretty bad haircut for the people."
Ross told CNBC he believes the new reforms-for-baillout aid offer expected from Greece Prime Minister Alexis Tsipras will be in the ballpark. At the end of the day, Germany wants Greece to stay in the zone, because an exit would set a precedent for other troubled nations in the union, he added.
"All the polls I've seen show a clear majority of the Greek people want to stay in the EU. Now, it's also true that they don't want austerity and those two are logically inconsistent. But certainly the impetus of the vote was not to get out of the EU, and Mr. Tsipras made clear that that was not his intention either," said the chairman and CEO of WL Ross & Co., which is part of a group of investors that poured $1.8 billion into Greece's Eurobank in 2014.
Tsipras promised voters a reforms-for-cash deal with creditors within 48 hours of Sunday's pivotal referendum, which had asked citizens to vote on whether to accept the terms of an existing international bailout offer. A surprise 61 percent of Greeks voted against the proposals from creditors, which entailed austerity measures and many spending cuts.
"We're about halfway there now and I hope he will be able to keep his promise," said Ross.
While negotiations play out, the banks in Greece have as little a few days or maybe a week before they run out of money, Ross said.
He said the banks were already running out of 20 euro bills to dispense at ATMs—forcing branches to give out 50 euro bills instead of three 20s. Under capital controls, depositors can only withdrawal 60 euros ($65) at a time.
Greek banks—which have been closed for more than a week to prevent an exodus of cash that could risk their collapse—are expected to remain shut until Friday, according to Reuters.
Ross, however, is unconcerned about the risk of a bank run when they do re-open. "In the context of the deal there would be no reason for a big run on the banks. And I just don't think that that's in the cards."
Now if they don't make a deal, and you do have a collapse in the economy, that could be a very different situation. But it doesn't feel to us as though that's what is going to happen," he added.
When asked how long it would be before he considered selling his stake in Eurobank, Ross said it would be a while. He's still hopeful that he can make money on his investment despite the increasingly precarious state of the country's banking sector.
"The last quote on Eurobank stock was a tiny fraction of its book value just before they announced the moratorium and the suspension of trading. So certainly at any kind of price like that, one would be more sensible probably to be a buyer than to be a seller," he said.
Before the interruption of the bailout talks, Greek banks were making fundamental progress, Ross noted.
"Assuming the talks go through, the ELA [emergency liquidity assistance] money will become available to the banks that will get back to business like usual, and there will be a restoration of liquidity to the economy," he said
"You can't have successful banks without a successful economy, and you can't have a successful economy without successful banks. So their fates are inextricably entwined," he stressed.
http://www.cnbc.com/id/102813043
[Clink on link to view video]
If they were to bail, could they not limp along with the oil pipeline deal and nestle up under (mother) russia's wing
Amen-and here's to not getting pounded
Albky- and with this locked up, it's not giving us much choice.
Malc-Greek sector- have you lightened your position or are you holding for stronger times.
I failed to take profits in the low $1.40 range.
Very nice you bring this up because in the back of my mind I've had the same feelings as my list is also long and the middle is more prone to be buried. I miss the "b" slot speed dial.
Build-The U.S. Energy Information Administration's next storage report on Thursday is expected to show a build of approximately 110 billion cubic feet for the week ending May 29.
http://www.investing.com/news/commodities-news/natural-gas-futures-decline-with-all-eyes-on-weekly-storage-data-344855
Mcox- too much consolidation
i hope one day this will be swine before pearls
That is sure putting it politely
JJ - amen brudda, his low key approach to his dynamic songs was the bee's knee's!
JJ Cale - another great songster has passed.
I guess you can't borrow from u-tube anymore (bastards).
Man the stuff he wrote!
ha! and the mossad has no time for surveillance.
also holding TBOW
using a James Cagney voice
"you dirty rat"
works well with thoes that rise to the occasion
WX-[url][/url][tag]insehttp://chart.finance.yahoo.com/z?s=WX&t=1y&q=&l=&z=l&a=v&p=s&lang=en-US®ion=USrt-text-here[/tag]
(can't seem to get posting charts down) - (or up)
HHSE - also attorney letter is in
http://ih.advfn.com/p.php?pid=nmona&article=57810038&symbol=HHSE
aboard for 10000 sh's @ .055. now i'll just wait.
thanks e-ore
for the moment we're rich!