interesting chart..

this is what i found riddick... "TheStreet Ratings team rates NATIONAL BANK OF GREECE as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:"

no crap... it's a distressed asset period.. This would be like buying a company on the small chance it might make it through without going bankrupt..
 
Buy 'em.

I like the optionality on that. The risk is clearly defined (85 cents or whatever) and the upside if Greece does pull through is pretty good. Face it - I doubt there are many sellers left.
 
Speculate said:
Buy 'em.

I like the optionality on that. The risk is clearly defined (85 cents or whatever) and the upside if Greece does pull through is pretty good. Face it - I doubt there are many sellers left.
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Yeah i think of it as a binary bet with asymmetric payoff... heads you lose .85 cents , tails you have a long term winner easy triple your investment
 
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