Time to invest in Greece

[Laberia]

Nobody want to invest in Greece because greeks are lazy people and they don't think to work and prosper their country but they live in a paralel world and all the day dream how they will create an greek empire, always with the money of the others. Ad to this dream some souvlakia, tsatsiki and ouzakia and there you go it's called Megali Idea.

[catgeorge]

Nobody want to invest in Greece because greeks are lazy people and they don't think to work and prosper their country but they live in a paralel world and all the day dream how they will create an greek empire, always with the money of the others. Ad to this dream some souvlakia, tsatsiki and ouzakia and there you go it's called Megali Idea.

Be quiet malnuourished tri-racial Hillary lover and stay in your cave regurgitating on your own faeces.

[Laberia]

Be quiet malnuourished tri-racial

North Greek Mountains + Thessaloniki and Constantinople city slicker. We have to add here vlachopoula, right?

[catgeorge]

[Óttar]

The CEO of DryShipping George Economou made $150 million running a scam. The stock "reverse-split" on Friday and is set to do so again soon. It will be the third reverse split in some months. The DRYS stock plummeted %33.

[catgeorge]

The CEO of DryShipping George Economou made $150 million running a scam. The stock "reverse-split" on Friday and is set to do so again soon. It will be the third reverse split in some months. The DRYS stock plummeted %33.

You were shorting it were you not Ottar?

[Óttar]

You were shorting it were you not Ottar?

Actually no, I bought it. I took advantage of a glitch in the paper trading app and sold for $4500 after the glitch showed a 426% increase ($1.01 --> $5.40), but in reality, I would have lost $300 because I did some research and found out how a reverse split actually works. The stock after adjusting for the R/S went from $7.00 --> $5.40 = $1.01 --> .70.

[Sideritis]

I was about to make a serious post until I saw this:


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The whole situation has made us more introverted, instead of spontaneous.

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Oh wow must be painful not to be allowed to spend other peoples money.

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But me and the people I interact with managed to find a way to take some days off, and enjoy the Greek sun and sea on our lovely islands. It’ll help us fill our batteries with lots of energy and power for the winter to come! "

Oh sweet, good she manages to refill for the horrible Greek winter.

Nobody is talking about working hard in here, or even about work at all. Until this street musician came and set the things right:


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The average Greek citizen is a part of an over 40-year-old lie that everything is under 'democratic' control... Instability, inefficiency, covering up losses and faults, nepotism are common practice for all political parties and governments, that's why there are no differences between them any more. None of them had the balls to tell the truth and lose!

The average Greek citizen loved (and still does, I think) to be lied and promised to that someone else will rescue them and take care of his/her business, no effort or payment needed. Until recently this fraud was always successful. This resulted in total distrust in any authority, laws and regulations. Easy but stupid tax policies, raising VAT on restaurants, bars, coffee shops – just made tax evasion explode. Why would we pay the government more while it legally orders lowering of pensions, wages, education, and health? Greek finances are caught in a vicious spiral, like politics are

."


Apparently is not the lack of investment which hinder the growth in Greece. Is the system. As well as there should be drastic measures to close the income gap between rich and poor in Greece. It is unacceptable that there are a lot of people with a lot of money and a lot with none. Making impossible for middle class to exist. The money are there, they need to be redistributed.
On a more serious note, I really hope Greece gets back on his fit soon. Albania and albanians have only gain for the wellbeing of our neighbors.

[catgeorge]

Actually no, I bought it. I took advantage of a glitch in the paper trading app and sold for $4500 after the glitch showed a 426% increase ($1.01 --> $5.40), but in reality, I would have lost $300 because I did some research and found out how a reverse split actually works. The stock after adjusting for the R/S went from $7.00 --> $5.40 = $1.01 --> .70.

That sounds messy so what happened to the CEO hope he is in jail!!

[Óttar]

That sounds messy so what happened to the CEO hope he is in jail!!

The news articles are showing how he is manipulating the stock by using his other companies, but the journalists are just reporting it matter-of-factly. One writer even said that his restructuring was genius. The people however know that it is a scam and this will greatly undermine confidence in the stock. The reverse split is of course merely cosmetic and betrays that the stock is in trouble. The R/S was done because when a stock goes under $2.00 a share, it is in danger of being taken off the New York Stock Exchange.