National Bank of Greece ADR (fka NBGGY)

[Alpha Investor]

Entirely agree a 3rd is needed but very possible for Greeks get their crap together and make strides of improvement. Long still a great value play but short I can see this falling more but also close to bottom I'd imagine. But that's assuming they make necessary sacrifices and not just use bailout money for another proverbial kick down the road. You'd think by now they would have learned their lesson of reckless fiscal irresponsibility but they're also in a debt crisis that's almost impossible to get out of; a lot of nations are these days.

Market is reacting appropriately with everything that's on table imo. Good time to DCA buy... all contingent the Greek govt/ppl making hard hard hard changes during times of absolute misery for a better/healthier future that bolsters some economic growth to save their nation/namely this stock!