CBA 1.44% $140.69 commonwealth bank of australia.

CBA TA update, page-186

  1. 2,028 Posts.
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    I lost 10 % of the amount you have,

    I thought the exact same, it sounded good, it was what I expected, they gained quality customers at low margins they can't control, I thought that was the obvious approach, market share in the reshuffle
    I can't help but feel like the drop is a larger move by bigger hands, complies with options expiry and stop losses on retail, I assume a lot of people may have placed something around the $100 mark

    wouldn't be suprised to see a 4-5% bounce or a continuation tommorow

    I won't be selling or buying more atm, I've become a boring ETF guy and focused on reducing all my debt or atleast having the property debt geared entirely into ETFs

    will watch closely as this sort of action with the banks and the miners presents a good time to buy more boring ETFs
 
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