Saturday, June 27, 2015

Greek Stock Market May Not Open Monday, Greek Officials Warn

Despite all the talk of "containment" and "Greece doesn't matter," not only are we told by anonymous EU officials that some banks may not open Monday but now, a Greek SEC Official has warned...
  • *GREEK BOURSE MAY NOT TRADE MON IF NO ELA EXTENDED: SEC OFFICIAL
Greeks just got CYNK'd (or Hanergy'd).
As a reminder, here is the exuberance in Greek stocks from last week...

  • Greek Stocks best week since post-Lehman dead-cat bounce (fell 37% after that)
*  *  *
On a side note, for those looking for market reaction, Bitcoin is up 4% since Tsipras announced the referendum as the exodus from fiat currency begins to gather pace.

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