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Monday, October 7, 2013

National Bank of Greece pops nicely today, thank you very much


It's always nice when a stock you own pops 25%. Maybe cos of these two stories?

Reuters - NBG and Piraeus to set up bad bank.

GDP Insider - FT says John Paulson investing aggressively in NBG.

I originally didn't think this pop would last beyond the usual start-of-month 20-25% pop that I noted back on Friday. But now I think I'll just hold on to my shares for a while; the second highest daily volume in 6 months, with 2 hours still to go, makes this an interesting hold.

We'll see.

Lucky pick.

Oh and Santa Barbara Resources also looks very interesting right now thank you.


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