You said "None of this means that by investing in NBG I know the outcome with any degree of certainty. I could be wrong. But one must always weigh the risk against the reward and I am well aware of the risk involved here, and yet have determined that the odds are in my favor and prepared in advance to accept the loss if I am wrong. However, I fully understand why you are against investing in NBG. Given the level of your knowledge and experience you have not yet advanced to the complex and sophisticated level of understanding these matters"
I liked what you had to say BTW. At least you are a thinking man (or person).
I will not brag about how much I lose or make in my trading profession.
I will enlighten you, again, for free.
In other words, a $100,000.00 consulting fee would normally be charged for what you are about to hear but you get it free (again).
NBG is up today for one reason and for one reason alone.
Here's the one reason why NBG is up today.
We all know this by the way.
It's up because of "delisting concerns".
You see tradelogic2001 there are forces that you may not know about at work here. The big ECU Central Banks do not want NBG to drop below $1.00 (although they all know it will soon happen again but they are attempting to delay the drop by buying as much as they can afford to buy, without damaging their liquidity requirements. Look out below is my opinion. I'm sticking with my story for NBG.
I know you think you know a lot but you know nothing as you ought to know.
Happy investing to you.
I hope you can keep on making 300% per year (or per trade).
I know you are having fun here as is everyone else posting in here.
Having fun is what life is all about.
Let's assume, hypothetically, that you are the one who bought 5 million shares today at $1.06 with a stop-loss order at $1.03 in place. A person who is a professional football player or baseball player would do something like this. Or even a Charles Barkley or a Michael Jordan. These guys lose money all day long in their trading accounts because they don't know about the stock market and how or why it's moving around. They don't care that they lose some money. They just have fun trading. So here's what happens with your stop loss order at $1.03:
1. It executes and you experience a $150,000.00 loss (not a bad loss, all things considered... the price of a beautiful nice 2016 Porsche Turbo (special order). The one that has the 3.6 flat six and goes from zero to 100 MPH in around 9 seconds.
2. NBG bounces around and you sell for a 3 cent gain at $1.09 (but you couldn't really sell all 5 million shares at that price as the liquidity would not be there in my opinion). So the point in my post is that buying NBG at $1.06 is really just like playing with fire when you were 12 years old.
HAPPY INVESTING 2U!
46 minutes to go so don't mind the $571 bumps myself as I still am looking for a $562 or lower close.
BIG sell orders in the last 10 minutes today.
This is when I cash-out.
Well, I guess you are thinking all of this through way too much.
It's not really how you say it is.
You'd really be an old man with money if you were right but you are not.
I happen to think we'll finally sell-off NFLX in the last hour to my posted targets.
I bought 5 of the $565 puts today for .65 cents and would like to sell them for several dollars in the last 10 minutes today (NFLX stock should be at around $562 or lower in the last 10 minutes today)
HAPPY WEEKEND TO YOU!
There were no comments on my important post here on the Netflix message board.
There is one important thing going on today in the markets.... Well, two really.
1. That the dollar dropped 1% today (inflation).
2. Electronic (robotic), trading programs are causing big exaggerated moves on a Friday afternoon when many big human traders have already gone home for the week. This second point is perhaps the most important one to consider on an options expiring Friday afternoon when the market is down so much.
Should recover to only down around 200 points by the close so don't let that Dow down 345 points right now bother you too much.
paperforpaper • Apr 16, 2015 10:59 AM Flag
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I think the debt will be worked out, but it will take a long time to get to $6. Their problems won't magically go away with debt being paid.
ALL DOWN-HILL FROM HERE!
Expect .88 cents per ADR share for NBG very soon in my opinion.
My posted NBG target will soon come.
The fat-lady is about to begin her singing career.
but if I sell pcln now, what would I do with all my money?
this is the question that is not easy to answer.
most people are good at finding a use for their money.
me, not so good at it.
I guess I could sell more nbg short.
Actually you are wrong.
It's trading at $1.23 now.
Does this mean that you have no credibility?
Go and figure!
Every professional trader knows that NBG is going to all time new lows.
So, no one could answer my question in here?
Any guesses as to why idiots will lose a fortune more because they bought this?
Okay, I'll fill you in a little bit...
To those who bought NBG.
NEVER buy a stock that is below $5.00 per share.
Any stock below $5.00 is called a penny stock and is high risk with little to no reward.
Bet you didn't know this when you bought NBG now did you?
WRITE THIS DOWN!
You'll save tons of money, over your lifetime, if you remember it.
Sentiment: Strong Sell
Just go and figure.
Any other guesses?
I guess the MMs were caught with their pants down and were attempting to push-press down the price.
It could have been in part to large automatic purchases and sells concerning the expiring weekly GE options.
I did sell my .01 cent $28.50 calls for .15 cents in the last 15 minutes.
But this is high-risk so do not attempt this at home!
Enjoy the week end.
Not even the charts were able to chart the moves.
Am I the only person who noticed this?
I mean... $27.44 then $28.55...then $27.60 then $28.44, etc.
This happened for quite a time in the last 15 minutes of GE trading.
Was very very rapid.