Bought NBG preferred shares today.

Discussion in 'Stocks' started by optionnew, Sep 14, 2011.

  1. Today I spent $700 buying 140 preferred shares of NBG for $5 each, some money I am ready to loose.

    If(when) Greece goes bankrupt and the ECB lets the greek banks default as well this shares are worthless. However if NBG is being rescued, merged, bought, partially nationalized this will pay $1.40 per year.
  2. Dimitris


    140 preferred shares of NBG Will pay 140*2.25, about 300 a year. But only if...