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Was looking at greek banks as an investment opportunity. Obviously it's extremely high risk so i would be investing a small amount of money but the expected return is high. National bank of greece is sitting at 0.35USD per share, compare that with a pre GFC price of 700USD per share. A 1k investment now would equate to a $2million return if the bank recovered. Obviously it probably won't recover to that level but even a share price of 1$ would be a 200% rise. I have already made a fair amount of money with the same mentality around Irish bank stocks. Maybe greece will recover? Maybe not

What are your thoughts?



Submitted January 07, 2018 at 09:10AM by Shapebuster http://ift.tt/2CyZjWx

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