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National Bank of Greece SA Message Board

  • grkgreko grkgreko Jul 14, 2010 2:37 PM Flag

    come back after a nice meal log on to td ameritrade

    and boom.............2.57. WTF?

    Here we go again. Are we headed for another 2.15 again? I'm shaking my head. Looks like alot of us got caught in the 3's and I for one at 4.0 with many shares.

    Question is where is the bottom? 2.11 or more drama.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Look closer before you come to conclusions. NBG's stock has been up for several days in a row now, albeit on low volume (compared to the 52 week average). What this means is that the big buyers (500,000 shares and more) are gone from the NBG market. Only the little investors are left. However, all these little individual investors are solidly behind the stock. They ARE buying. Later on, when NBG releases 1H earnings, the big buyers will jump back in and then there'll be a pop.

    • When you're trading in the stock market, you need to pay attention to what's going on around your little corner of the market, too. The whole market took a dive about the same time NBG did. It was reacting to the rest of the market. When the rest of the market rebounded, so did NBG.

    • This post makes no sense to me. The market was flat today. Nbg closed yesterday at 2.57 and closed today at 2.60. Where and what is the "boom"? Today was pretty much a non-event. Why are you even thinking about the bottom at 2.11 again? What were you expecting the price to do today? Do you follow ete on the Athens exchange?

    • I would add if we went back down to the 2-teens. As someone already mentioned, NBG will want to protect their equity cap so they don't get taken over.

 
NBG
2.92-0.09(-2.99%)Oct 1 4:03 PMEDT

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