Tuesday, April 27, 2010
Stock Market Trading Today-- April 27, 2010 Greece ADR Stock
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Stock Market Trading Today-- April 27, 2010 Greek ADR Stock:
With the stock market retreating today, and the Greece debt financial crisis, some ADR stocks of Greek companies have been taking a beating lately. The National Bank of Greece is an example, and the stock price is getting closer to the low prices it traded at back in 2009 at bottom of the last credit crisis in the world equity markets.
Another Greek ADR stock that has been taking a beating is the Hellenic Telecom OTE. It is a telecommunication stock. Would these companies reduce their dividends? And how would they do in terms of earning given the crisis in Greece? The stock market seems to be pessimistic about them. Mr. Market can be right, but Mr. Market can also be a maniac-depressed evaluator of stock futures.
Hellenic Telecom OTE Fixed Line Telecom.
National Bank of Greece NBG Banks
With the stock market retreating today, and the Greece debt financial crisis, some ADR stocks of Greek companies have been taking a beating lately. The National Bank of Greece is an example, and the stock price is getting closer to the low prices it traded at back in 2009 at bottom of the last credit crisis in the world equity markets.
Another Greek ADR stock that has been taking a beating is the Hellenic Telecom OTE. It is a telecommunication stock. Would these companies reduce their dividends? And how would they do in terms of earning given the crisis in Greece? The stock market seems to be pessimistic about them. Mr. Market can be right, but Mr. Market can also be a maniac-depressed evaluator of stock futures.
Hellenic Telecom OTE Fixed Line Telecom.
National Bank of Greece NBG Banks
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