National Bank of Greece (ADR) (NYSE:NBG)

CAPS Rating: 3 out of 5

The Company is involved in diversified financial services activities including retail and commercial banking, global investment management, investment banking, insurance, investment activities and securities trading.

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Player Avatar ipsiety (< 20) Submitted: 7/3/2011 6:51:41 AM : Outperform Start Price: $7.30 NBG Score: -58.65

If Greece recovers, this will be a multibagger.

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Member Avatar ipsiety (< 20) Submitted: 7/15/2011 9:06:21 AM
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National Bank of Greece's gross exposure to government bonds is 218% of its book value. In other words, any negative events for Greek debt (not just outright default) can have a crippling effect on NBG. Hopefully, Greece will not default. But I am not putting my money here.

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