National Bank of Greece ADR (fka NBGGY)

[Alpha Investor]

2 weeks from now this will be .75... longs strap in. This was always a long play or if your lucky quick flip. With default this will increase recovery time 5x at least. Now Greece defaulted who the f wants to trade with them? I fully anticipate riots and misery but they only have themselves to blame.

Now what happens rest of piigs? Do they see what happens to Greece and do whatever it takes to make a deal or do they to just want to abscond from their liabilities? What about Germany? If I were them I'd say screw you guys we're going back to deutchmark... interesting times