NBS is not Chinese and is the considered the heart of the western culture and capitalism. Of course they use GAAP you idiot. Moreover, all the other matters, including increase in number of share, etc, was already baked in when the price went all the way to $24. Since that $24 there has been NO increase in the number of shares but Greece's economy is taken a major leap forward and NBG is gone from a loss of nearly $27/share 2 years ago to the current estimated loss of only 24 CENTS a share (that is less than 1% of the losses just 2 years ago or 99% IMPROVEMENT).
Unless if you are a paid basher the only reason I can see that you would be so wrong is if you were blind.