National Bank of Greece SA (NBG) declined 9.78% this week. Greece recently has come back into the global spotlight, and not in a good way. Heavy-hitters such as Germany's Chancellor Angela Merkel are now beginning to utter the words "default" and "Greece" in the same sentence. This is putting pressure on our position in NBG. However, some investors see a Greek default as a true "bottom," and a real chance at recovery. NBG is a HOLD for now.