This stock is doing great, clear trend reversal. It reached $6.36 on Oct 22nd, it's been mostly downhill since then, with the next highest close @ $5.88 on Oct 25th. So, it's gapped up above that and that high $6.36 price was part of a momentum push and reaching back up to it won't be easy in the absence of another Paulson-type news story or some other random event that can't be predicted.
(my price target for NBG is $6.50 - $7.00 by Jan 1st). ie, it might gap up to $7, then fall back to $6.50 or slightly below at some point. Just intuition/technicals/previous history informing that target, so take with a grain of salt.
It's like having a tooth pulled over and over again, watching this go back and forth in this price trench, and the covered calls suck also, not worth taking a chance in case we do have an explosive piece of news.
as i have been saying for sometime. too many know about this stock. cnbc trader tipped the boat when he said explosive upside. over 25000 calls to less than a 1000 puts tells us everyone expects upwards. and when you have this sort of situation the big traders take control and hold the stock. it takes big news and an explosive move upwards to blast these #$%$ out of the way. once out they will continue to attack at every inch of the way, so the old saying is when in profit take profits!