National Bank of Greece ADR (fka NBGGY)

[fourdueces]

You know another good read I found was a seeking Alpha article, its labled "How to play NBG". The article is full of so much miss information about the deal its crazy. It goes to say that NBG will end up at zero from dilution or a R/S, it then goes on to say how the only hold play is the preferreds and that's if they structure the deal a certain way. Otherwise he states that will end up to zero. This article is written in the past 15 days. What the author fails to write is how the EU leader of the deal has stated that in no way is the shareholders gonna be part of a bail in. I really wonder how much selling that writing caused. What's even more funny is there is no retraction taken from the editor to date , nothing from the author. I'll try and find the link in my history. But it's full of such bad info that's not true. After you read it , read the comments from people below it.