We can learn from the Historical Price that NBG was arround 10-12$ while the incomes were steady.
most of their earnings are from out of Greece nowadays.
It will take a while but I think the right price is arround 6-7$.
(I bought the Share arround 3$ so I'm not Objectice :)
Greece just received lots of Mula from everywhere and the Nat. Bank of Greece is as I understand the largest bank in Greece. So I believe that within one year it will be back up to $8 a share or so. Rafael.
Im seeing NBG balance sheet and its not so bad compared to BAC, C or other trouble banks in 2009. NBG stock has beeting down hard because of the nations debt but the goverment will recover and NBG is going to soar after hearing good news in the country. This stock is high risk but should be soon @4.00 ;)
Of course this is a risky proposition, but given the historical prices and the obvious fact that this stock has been beaten down, I think it's worth a serious look. I also believe that the Euro will come back against the dollar. I have a little NBG and will buy more if it goes much lower than the 2.56 I'm seeing today.