Live Price Coverage: What’s Next for ALPHA BANK AE ADRS SPONSORED (ALBKY)

November 29, 2016 - By Ruchi Gupta

Live Price Coverage: What's Next for ALPHA BANK AE ADRS SPONSORED (ALBKY)

The stock price of ALPHA BANK AE ADRS SPONSORED (OTCMKTS:ALBKY) recorded $-0.01 in recent trading, touching $0.49 and getting interest from avid investors. It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, ALPHA BANK AE ADRS SPONSORED’s stock was big mover. According to the short interest report published recently, (ALBKY) had 57,100 shorted shares for 4.1 days to cover. The prior short interest was 52,200 for a $9.39 change. The 52-Week High and Low are noted here. -75.50% (High), 63.33%, (Low). The stock had 13,900 average volume.

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When moving into land of penny stock trading, one must determine whether the risk-reward ratio is favorable. Penny stocks can be tremendously attractive. Hollywood often shows selling or trading stocks being easy and fun, with millions of dollars earned as profits. It’s important to identify that there is considerable risk involved when putting money in penny stocks. The risks list include market volatility, getting stuck with fake shell firms created for the only objective of the ‘pump and dump’. For those who are not aware with the term, pump and dump happens where brokers promote the equity until prices rise, then sell the stock, leaving novice investors to bear the loss.

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It is a common thing to get caught up in the excitement of penny stock email bulletins. Though the circulars are a helpful means to get ideas, wise investors still perform due diligence on interested stocks. Some penny stock circulars show a disclaimer at the bottom that states something like ‘We are not market advisors, we’ve got compensation and we may have this stock in our portfolio.’ Further study must be carried out to find out if a firm actually has businesses or is simply a home office.

Many a times, when a promotional plan is designed, there are big shareholders offloading shares they might have bought long ago, waiting for an opportunity to recoup their investments. It never indicates that these firms termed as ‘fake’ aren’t good options for short-term trading. If you have disposable money that you can put in use to make a quick trade, what a firm does is less significant than recording a win on a trade. In such a scenario, things like stock promotions are advantageous for shareholders as they throw more light on a dark or defunct firm.

Look at a promotion last year of Cynk Technology (CYNK), which surged all the way to $21.95 from low of 6 cents. The firm itself had very little to deliver as far as fundamentals or operations are concerned, and its shares price was purely led by trading activity.

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More notable recent Alpha Bank A.E. (ADR) (OTCMKTS:ALBKY) news were published by: which released: “Alpha Bank: The Mother Of Greek Recovery Trades” on May 29, 2014, also with their article: “Contrarian Investors — It’s Time to Look Beyond National Bank of Greece” published on March 15, 2015, published: “David Einhorn Builds Big Stake In Greek Bank” on March 02, 2014. More interesting news about Alpha Bank A.E. (ADR) (OTCMKTS:ALBKY) were released by: and their article: “National Bank of Greece (ADR) (NBG): The Greek Referendum, PM Tsipras’s Savior?” published on June 30, 2015 as well as‘s news article titled: “Alpha Bank: Third-Quarter Results And Outlook For 2015” with publication date: December 07, 2014.

Alpha Bank A.E. is a banking and financial services company. The company has a market cap of $2.80 billion. The Bank, through its subsidiaries, offers a range of services, including corporate and retail banking, financial services, investment banking and brokerage services, insurance services, real estate management and hotel activities. It has a 2.03 P/E ratio. The Bank operates through six business divisions: Retail Banking, Corporate Banking, Asset Management and Insurance, Investment Banking and Treasury, South Eastern Europe and Other.

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