someone is going to make a killing on this. Will ross be back with his tail between his legs? I'm not a bit worried but definitely disappointed. Never thought we would be below 27c again.
Greece contagion is bad enough but the adr timing couldn't be worse. They should have just killed it on the day and sort the holders out in the back ground. 5% of the stock is a lot of market distortion. the fact they have to sell to buy back has to be a problem. the currency gain alone is giving investors a chance to get out. Richie hasn't put a foot wrong up until now. was this adr de-listing his call I wounder ?
back to greece. I think we could wake up one morning soon to find Eurobank and maybe more have been nationalized. Its unlikely the ecb or imf are going to bale them out without a new deal. Is there even time for a deal to be done before they run out of cash. time the greek problem was sorted one way or another anyway.
It's hard to stay in - but the returns will be bigger, agree totally with Beanee with regards to Tree Shaking - stop looking for few weeks and review the Progres post results .Im in till €2 per share I'll wait and wait in the long grass.
Lot of tree shaking going on methinks....per the attached 2 year chart...13-27th January 2014 there was a tree shake from 0.313 to 0.273 with uplift from there to .038 for results on 27-28th Feb 2014...patience & cahones required by all!!
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