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National Bank of Greece S.A. Message Board

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  • hypotheoryfact hypotheoryfact Jan 21, 2013 10:17 AM Flag

    Why is this stock not $4.00

    Honestly, Guy,
    read the sec filings, this bank is going sub dollar, massive dilution is a done deal,
    park your money somewhere else or park it here and wait 3 years

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    • This is the only logical post I've read. I was going to post the exact same thing. When you read about dilution the first time a few weeks ago you should have instantly gone and sold what you owned. That's what I did and I'm so thankful. This stock will break 52 week low without a doubt. I, like many of you, are extremely bullish of this stock. In 10 years it should more than triple your investment if you got in sub 3 dollars, but if you are complaining about it's recent drop then you really need to do some more homework. It is only going to get worse from here in the short term. Go ahead and buy it now for the long term but don't complain when it drops.

      Sentiment: Sell