Alpha Bank AE ADR (ALBKY)

[yellow_seiko]

well it's hard to say what the price will be at in 3 years but definitely greater than now in my opinion. You just need to factor the conversion ration 1:4 and define your risk. If you look at the last couple of months this was trading .50-.80 a share compared to a couple of years ago it was $3+. Within 3 years I expect it to be at least $1+ a share if all goes well. The extra funds from IMF definitely helps but I don't expect Greece's economy to turn around until mid 2014 and stabilizing 2015. Disclosure: I'm only in this for the rebound and depending on the situation probably get out of the investment. $0.18 a share is hard to pass on and the only direction is up.