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Banco Bilbao Vizcaya Argentaria, S.A. Message Board

  • tony_montana333 tony_montana333 May 29, 2012 10:00 AM Flag

    Spain is the new Greece...maybe worst!

    Bad banks, bad debt, 50% unemployment, and stupid people running on the banks. Now, I am worried.

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    • Wont pay to worry. In a way..yes Spain is the new Greece...but BBVA is solveant. After Spain goes thru the politcal issues...bond buyouts..and total European assistance... BBVA will come back strong. Butcha have to be patient. Certainly no point selling. Don't know what price you need to see to break even...but if you are near the 7 to 8 range... time will be on your side. If you are in the 9 or higher price...then you will have to decide if you buy more closer to the 5 range.
      good luck. Fargo Dude

 
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