Replies to post #9811 on National Bank of Greece ADR (fka NBGGY)

[Miracleman 1]

It would seem to be the case and hopefully good things will come. I think this is a political stock because the future of Greece lies squarely in the hands of Government and its creditors, which is more government. I treat it as a lottery ticket because anytime the future is in government's control there is a huge risk involved. Basically, Greece has no really viable economy. It's a tourist and fruit economy and I don't see extremely great revenue streams coming from that. Maybe I'm wrong but I can't take this stock or the NBG as a serious play. I took 100 Put contracts on AAPL for September 4 at $105 as a serious play. Just a lottery ticket here for me on small money...GLTY