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Re: legalizeMJ post# 11163

Friday, 10/23/2015 12:01:46 AM

Friday, October 23, 2015 12:01:46 AM

Post# of 19165
Thank you for your response. I understand what the stress test is for. It is for the banks, not the shareholder. While they don't want to burn their investors completely, buying shares in a company comes with understood risks. In the near term, the bank's recovery (in the beginning) doesn't necessarily ensure the up and up for the stock. Revenue ensures gains in the market. A business makes cuts where necessary to survive. There has been talk of dilution to raise additional capital (to HELP the bank) - which doesn't help the pps. The dilution will hurt in the short-term. However, if NBG and the Greeks do as they should, it will all eventually recover. My point is, the emotion involved in this Greek drama may lead to a slide in pps ahead of the announcement - especially since the stock is currently on a strong uptrend. People, IMO, are likely to take their profits ahead of the 31st and sit aside just in case. If it does slide, they can buy back in at a lower price and ride it up again. From what I understand, dilution will not take place until after the first of the year, but the human factor will still affect the stock strongly until real stability is attained.

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