Replies to post #18406 on National Bank of Greece ADR (fka NBGGY)

[Chriss777]

I have to agree with you Sundance2. There is no motivation for anyone to buy the ADR since it has become common knowledge it will become extinct soon.

However the NBGGY ADR probably won't disappear exactly in March because there are 500 million shares to unwind. The process could take at least a year or so before Bank of Mellon can rid itself of them all.