what's holding down the PPS is the write down of their bond holdings when they are again brought back to par the PPS will go up accordingly, this is a bet on the Greek economy
"he's not in NBG"
not confirmed, Paulson could be accumulating shares and didn't want to disclose position
he didn't say he wasn't holding NBG
One more point FOLLOW THE MONEY, last weeks news that Paulson and other hedgies were buying Greek banks is the real thing to bet and the reason NBG had huge volume on this spike, the news was out big money placing bets is the ONLY REASON stocks go up.
More buying than selling
don't trust the freaking analysts, the good ones are usually a "day late and a dollar short" like Zacks when they finally turn bullish most of the money has been made but they look good cause stock runs a little further
Then there's the real crooks that keep saying sell to hold the PPS down while their hedge fund buddies can load up, think GS selling MBS while hedge fund buddies that picked the #$%$ that went into the MBS were shorting the same securities.
WS is a scam
Zacks strong sell rating was right on the money when it wes issued, don't expect them to upgrade until it's completely obvious NBG is solid as a rock and Greece is in a full blown recovery.
The point is At $5 this stock has huge potential for gains but all the uncertainty hasn't yet lifted. When Zacks upgrdes most of the money will have been made.
you should have covered pre-market @ 7 AM under $4.10
all the nasty racist #$%$ you have been spewing has given you bad karma and a losing hand
trade secret LOL
honestly have to see how it trades in the AM and the overall market setup
flat would still be a positive for longs after the nice run today,
may touch $5.65 during the day