CbrMaroon , The asx over all including the entire banking sector is at times a bitter pill to swallow.
I agree WBC is performing badly at present.
But so are most other stocks.
One can see the odd light in the tunnel.
But hard to pick.
It is pretty depressed overall.
If an investor can achieve 8 to 10 % a year with dividends and credits it's not all bad.
Not great by any means , but you won't go broke if you have a 10% increase on your wealth annually.
Once the dust settles and the asx begins to wind up again you will get your 10 % AS A MINIMUM plus the Capitol Gain.
It might be a long wait , no one knows how long.
So many companies have ghosts in the cupboard , not just WBC.
And yes you are correct , many stock market darlings over the years have hit the wall.
Do you remember Anaconda, I think that one was Twiggys ole man.
If the banking sector collapses none of us will have a hope in hell.
BTW Thank you for the English Lesson
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