Showing 1 to 15 of 41 entries
DON'T BUY

The number of shares is absolutely insane. The share count has grown dramatically. They’ve been in survival mode for quite a while, but thinks they will survive. It wouldn’t surprise him if they did a share consolidation. Share consolidations are virtually always bad for stocks. A speculative play, but it could be good. Doesn’t think you will lose all your money. He doesn’t see putting dollars on it at this time.

banks
COMMENT

Thinks there will be a National Bank of Greece in a couple of years. The share count has gone to mega billions, a huge amount of dilution, which makes it difficult. The Greek economy will come back, but all the banks are in a very dangerous position. This is a crapshoot. You might want to look at Global X Greece ETF (GREK-N) instead.

banks
COMMENT

When you do a valuation, and it looks cheap, you have to have the ability to take the risk profile. It appears like it is turning, but there are things that could go wrong.

banks
COMMENT

For people who want to take on a lot of risks and who want to play he can see them going into this. It is on his radar screen. It is going to be very difficult for people to make money on this, unless they are traders, which he is not. Greece is going to exist in 5, 10, 25 years, but which companies might disappear and which ones will survive and possibly bloom?

banks
PAST TOP PICK

(A Top Pick July 23/14. Down 59.80%.) This was his gamble on a turnaround in the Greek economy. It didn’t happen. The Socialists got in and people didn’t want to pay their debts back. They hired back all the bureaucrats that the previous regime got rid of. A very bad call.

banks
DON'T BUY

The issue around Greece is that it effectively is a ton of political risks. As the political risks start to recede, then you are going to have the ability to assess the bank in its own right. There is so much political risk that he wouldn’t look at this bank.

banks
RISKY BUY

He sold and lost money on this one. There is talk of Greece running out of money. The stock has been diluted tremendously. This is a dangerous, dangerous company. It is hard for them to go under and there may be a lot of upside.

banks
DON'T BUY

The one year chart shows a long downtrend. It may be breaking out, but he would want to see a series of higher highs and higher lows to indicate a new uptrend. Way too early to enter this stock.

banks
DON'T BUY

He would encourage people to really think about what kind of stocks they want to invest in. He always very deliberately look for lower volatility type of stocks, and ones that can still demonstrate growth in earnings and in dividends. This bank is almost the opposite of that. Its major business right now is keeping hold of its deposit base. If it doesn’t do that, there is no business. You are going to have very little growth and a tremendous amount of volatility, the worst of both worlds.

banks
SELL ON STRENGTH

It is hard to know how this is going to play out. Don’t sell on a day it is down 20% because they go up and down that much on a daily basis.

banks
COMMENT

This is going like crazy right now with the new government in Greece. The government may be coming to some realization that they have to come to some negotiation here. As an investment, this is high risk, but could be a risk worth taking. One of the biggest problems is their share count, which is over 3 billion shares. For the stock to go up a lot, that share, will impinge on the bank. If you want to take a flyer, this could be a good one to take.

banks
PAST TOP PICK

(A Top Pick Dec 10/13. Down 82.90%.) This was a bet on a turnaround in the Greek economy. Instead they elected a party that could pull them out of the Euro entirely. He exited a while ago at a pretty stiff loss. He’s not going to make any more bets like this and will stick to his knitting.

banks
WATCH

Greece is technically finally out of recession. He continues to watch it. Their share count has gone up monstrously. There is a political question in Greece. There is some possibility of a reverse stock split. He cannot see this bank going under. It could go up two or three times, but it is fairly high risk.

banks
DON'T BUY

This was on his Stock Watch list, but he eliminated it in the last couple of days. Often the reasons to Buy are less interesting than the reasons to Not Buy. The primary reason he decided against this was that the growth in the share count has just gone ballistic from about 200 million to about 200 billion. That is a huge increase and that is scary. There are better opportunities elsewhere.

banks
COMMENT

This is on his Watchlist. He finds it is a very, very intriguing situation. This is a leader in Greece. They are still having a lot of problems in Greece. It would hurt their national pride if anything happened to this bank.

banks
Showing 1 to 15 of 41 entries

National Bank of Greece SA(NBG-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for National Bank of Greece SA is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

National Bank of Greece SA(NBG-N) Frequently Asked Questions

What is National Bank of Greece SA stock symbol?

National Bank of Greece SA is a OTC stock, trading under the symbol NBG-N on the (). It is usually referred to as or NBG-N

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Why is National Bank of Greece SA stock dropping?

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Is National Bank of Greece SA worth watching?

In the last year, there was no coverage of National Bank of Greece SA published on Stockchase.

What is National Bank of Greece SA stock price?

On , National Bank of Greece SA (NBG-N) stock closed at a price of $.