The National Bank of Greece is one of Greece's largest banks. That makes it a good measure of local speculative interest, financial stability and distinctly a liquidity barometer. I like it for day-to-day assessments of the view on negotiations. Unfortunately, confusion is so deep, that is starting to suffer the same deer-in-the-headlights distress as the Euro, implied volatility and Greek debt.
Comments
Southern-Chick
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Might be hitting bottom now. Went long at .94 cents.
Crinklebine
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The situation with Greece is looking a little slippery.