The National Bank of Greece has a good chance of retaining control. If it does then NBG is a value play. When trading resumes 5/30, we will see if they are able to raise the 10 % of its capital requirement. The deadline is 6/15.
http://www.economist.com/news/finance-and-economics/21578451-recapitalisation-approaches-finishing-line-system-reboot
Compare with Alpha Bank, very interesting. NBG is a high risk / high reward trade.
I was re-examining the short positions in Vringo (VRNG). There is an absurd 17.722342 million shares sold short in (VRNG). That short position represents 21.42 percent of the 82.749 million shares outstanding and 23.66 percent of the 74.92 million shares in the Float, needing 12.62 days to cover at the average daily volume. First, Insiders hold 11.87 percent of VRNG shares. Second, only 6.9 percent of VRNG shares are held by institutions. So only a handful short sellers can hope to cover their s…
The S&P 500 closed down 5 (-0.29%) at 1651, the Nasdaq closed down 4 (-0.11%) at 3459, and the Dow closed down 13 (-0.08%) at 15295. Action came on slightly above average volume (NYSE 814 mln vs. avg. of 729; NASDAQ 1741 mln vs. avg. of 1647), with decliners outpacing advancers (NYSE 1288/1802, NASDAQ 1312/1221) and new highs outpacing new lows (NYSE 48/36, NASDAQ 47/27). Read more: http://www.briefing.com/InPlayEq/InPlay/InPlay.htm#ixzz2U9MMDpA6 Under Creative Commons License: Attribut…
The NIKKEI 225 (INDEXNIKKEI:NI225) dropped 1,060.23 (-7.32%) to close at 14,483.98 last night. This was after a 30% rise in their stock market in the last 6 months. These type of sharp declines are a result of market bubbles built by Central Bank intervention. In the case of Japan and the Nikkei, the Japanese Central Bank has printed even more money than the Federal Reserve.
Bubble after bubble and bust after bust, the average investor is starting to get savvy. When a stock market can drop…
I expect some profit taking at every 10 point up side.
Lot of folks will love to take their profit and enjoy summer for next few months
The short sellers must be purple faced exasperated. They got the market drop they have been struggling to force upon all of us... for all of approximately two and one half hours. Of course, the day is not over yet. A second bite at the opportunity to short apple may occur. However, a second opportunity may be just what some of the shorts are looking for to cover their positions, sparking a rally, AGAIN, and closing the windows of oportunity. &…
Yesterday, the House Republicans pushed through a bill Wednesday to bypass the president to speed up the approval of the Keystone pipeline. The oil pipeline stretches from Canada to Texas. At this time, most of the energy being transported is done by the railroads. The 1,700-mile pipeline would travel though Montana, South Dakota, Nebraska, Kansas and Oklahoma on its way to refineries in Houston and Port Arthur, Texas. This news is certainly a negative for the leading railroad stocks.
S…
Hard to baleave sheeple, but like Jim Cramer OtherMo somehow smokes out the next play to completely crash n burn so let's start a scorecard. OtherMo just bot STX at 43.30. 3J counters with 10 STX puts at the $43 strike which expire tomorrow! Now THAT's walkin da walk, sheeple. *-) $215 at risk heeeya, fokes. BTW, OthrMo's advice to all who followed him on his posted trades is to "drink heavily"...eeeasily the BEST advice he has given since he opened up da new digs *-) 3J
The important energy sector accounts for roughly 16.0 percent of the S&P 500 Index. Today, most of the leading energy stocks are declining lower at the start of the session. Exxon Mobil Corp (NYSE:XOM) is the leading stock in the sector. This stock also has the largest market capitalization in the stock market at $406 billion, so it is safe to say that this stock carries a lot of weight in the markets. Day traders should watch for three important support levels on XOM at $91.00, and $90.45, …
The CNN Greed & Fear Index is one of the best signals I have seen. I have followed it for some time and anytime it gets above 90 to Extreme Greed, a sell off or pull back occurs within one week. This has even been the case in a market manipulated by low interest rates and Federal Reserve massive printing of money. The Greed Index today just jumped over the 90 level, settling at 91. This to me signals a possible reversal in the coming days.
Gareth Soloway
InTheMoneyStocks.com
…
Pages:
[ 1 ]
2
3
4
>>
Analyst Blog Posts
Tags : NBG