I have heard news reports lately that indicate CBA have let through approximately 57,000 transactions of more than $10,000 and it is law that every single transaction above $10,000 needs to be reported to a government agency or department? Apparently every single incident can attract a fine of $18 million which potentially could result in a total fine of approximately $1 trillion dollars?
$1 trillion dollars is approximately 10 times the value of the bank, or approximately double the total national government debt. On top of this CBA shareholders have now launched a class action.
To my way of thinking news cannot get much worse. I would have thought Blind Freddy would be wanting to short CBA stock on the back of all of this? I have never shorted a stock in my life but I am keen to learn. How do I short CBA stock and/or do people think it is a good idea to do so?
Cheers.
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$132.66 |
Change
-0.840(0.63%) |
Mkt cap ! $222.0B |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 1307 | $132.56 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 1307 | 132.560 |
1 | 1308 | 132.360 |
1 | 10708 | 132.330 |
1 | 5000 | 132.300 |
1 | 24 | 132.210 |
Price($) | Vol. | No. |
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132.690 | 2126 | 1 |
132.700 | 8938 | 1 |
132.770 | 462 | 1 |
132.810 | 370 | 1 |
132.850 | 370 | 1 |
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