Thursday, June 14, 2012

Casino Royal

My trading report for today: I have established a long position on two European banks. I bought of the National Bank of Greece SA (NBG) and BNP Paribas SA (BNPQY), at $1.60 and $17.88 respectively. BNP Paribas is a stock that I have been eyeing for awhile now and think that it is a good stock to own for a significant amount of time. On the other hand, my purchase of the Bank of Greece is a purely speculative bet that the price of the stock will increase in the next few days of trading. Hopefully my bet pays off in the coming days.

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