Mind asking you why your ancestors didn't leave those slaves to live dancing around bonfires roasting wild animals and living in thatched huts? Why bringing them up to America in the first place?
Remind you to keep yourself civilized and refrain from personal attacks.
I was just posting my personal opinion for possible short term development just to see my self-attacked by sharks.
Remind you message boards are for sharing info. And opinions not to be controlled by crooked shorts, mentally sick people or psychopaths.
I want to reiterate my opinion Germans will deny first reform list from Greeks and the whole process will take till Friday.
Meanwhile PPS could be very volatile and if you believe there’s any meat left in this stock long term then you might determine an entry point.
For me the question is not for Greeks to be able to come with a reform list but “are they able to enforce those reforms on themselves?
The whole game right now is if Greeks can reform themselves.
Assuming they'll get a set of reform approved by germans( which in my opinion will take the whole week of back and forth))
there's no guarantee greeks can live by those reforms.
Meanwhile I expect lots of volatility which could bring down PPS to a very enticing level. maybe.
I expected that.
I"m also expecting first reform proposal to be denied by Germans.
Meanwhile I'm out of all greeks stocks.
Me expecting lots of volatility which could bring in good entry points.
Tomorrow $2.2-$2.4 range.
Tomorrow night Shaeuble will say not enough reforms and sent greeks back home to work more. Consequently on Tuesday PPS below $2.
Greeks will come up with more reforms to satisfy the crouches then PPS close to $3 before next Friday.
This is a post that will go in infamy for shorts.
If this is true then watch out PPS.
One thousand year of otoman dominion brought greeks to what they are today.
Why are you expecting a large dip on Monday?
It's not the best deal the Varoufakis expected but out of two evils me think greeks will choose the lesser one: put the house in order and stick with Euro or you're out.
Au contraire I expect Monday PPS up.
Our woman in Brussels Jennifer Rankin quotes a Greek government official as saying:
There is an initial agreement on a joint draft text among the institutional partners, which is now being presented to all of the ministers.
The euro has risen further, to $1.1404.
Over in Athens, Mega TV on its flagship news programme is reporting the following, says Helena Smith:
A four-month extension of Greece’s bailout programme is in the works
The interim programme will not include austerity measures
Greece commits to not making any unilateral moves - such as raising the minimum wage or protecting primary homes from foreclosures
Apparently deal was struck yesterday but Varoufakis sent in the wrong version according to this:
Greece sent "wrong letter" on Thursday – Bild
You couldn’t make this up. Apparently, Greece sent the wrong letter on Thursday, German newspaper Bild reports, citing government sources.
The right version supposedly accepted bailout conditions agreed to by the previous Greek government.
According to the report, Tsipras, Juncker and Dijsselbloem jointly drafted a letter on Wednesday. However, Varoufakis sent an altered version of the letter that omitted the parts that said Greece will accept the bailout conditions.
Tsipras later told Merkel it was an “administrative mistake.”
The Eurogroup meeting is supposed to start any moment now
I don't think so. Last night 50 minutes talk between Merkel and Tsipras changed everything.
IMO the meeting today in Brussel is not to either accept or deny Greece request but how to keep Greece into the union.
Possible.If no deal tomorrow Greek gov. could collapse next week or if they can show good faith in dealing with the stubborn crouches then a greek referendum could be held by greek people to decide if they want to be a "western bankster debt colony".