Are the purposely trying to run this stock down for themselves. Granted Greece and it's economy have issues but they are trying to work it out and stock is way oversold. Some estimates put the 1 year value at $3.73 which is about double where it is now. 1 in 4 in the country banks with NBG. Look at 5 yr history to see where the stock was trading. Lastly P/E value and book value all indicate that this should and in MHO will continue to tick and trade higher in the future.
Sentiment: Strong Buy
This stock is a good buy. From latest reports It is 50% under book valve, they (the bank) represent like 24% of of Greece Banks. It may take a while and may not see pops like it did waiting for a deal and reorganization to take place but will reward those with patience. I'm in for the long haul.
Sentiment: Strong Buy
I think BBY will drift down again today. Delay in deal now til Feb (if it even happens), stores will report disappointing numbers, as will most retail. Scary. The economy sucks, just look at all the unsold merchandise in any of the stores, Walmart, Target, Best Buy. Bigger sales smaller profit just to get customers to shop.
Just my opinion but early indications, down market, fiscal cliff, no offer by Schulzte, economic data and seasonal sales all lead to bad day for BBY
Don't know if its true but would not be surprised. However his offer will be lower now and should be considered. Many stores around us have had make over to draw more biz.
Proof is look at Hostess. Strong probability they will liquidate workers fed up with cuts and concessions, same thing could happen with SVU. I'm 85% negative on this company and buyout and 15% hopeful with recent events or lack thereof.
I have been long on this thing for a long time. But like Thanksgiving I think this bird is cooked. No real news(hopes and dreams) it continues to trickle down 15 cents a day. Ugly balance sheet -- 35 BILLION in sales and a market cap of 500 Million? I think it will be down BIG today. Look out!
This Pig will #$%$ every time. The shorts love it too. Hope you didn't get too many shares at $3.07. If announcement comes soon u may be okay.
They didn't plan on this. OH NO!
News to come out soon in my opinion. Maybe Cyberus got funding for buyout. Should break $2.50 early this am.
Said was up as much as 9.2% in afterhours! Only see up a little. Don't think word came out soon enough before close to move very much. Hopefully see pop in morning.