There are lots of people/analysts making lots of noise and they think they know everything.
We have been here before with other "BLUE CHIPS" and in MOST CASES they survive and go much higher.
If I WERE convinced that WBC would go bust then I would short the stock but shorting banks are the "widow maker trade" I would never do, more so at this price but at 35 with the right conditions I would probably have a look at going short.
Lets have a look in a few months and I am very happy getting stuck in any of the 4 Banks.
WBC was the talk of the month but it does not mean other banks are "clean" so either I am right or wrong with my trade and it is so simple.
WBC Price at posting:
$24.45 Sentiment: Buy Disclosure: Held
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