From my reading the past 10 days I cannot believe how well CBA has held up. I am currently short 3000 shares.
The investment advice (and I think all banks are in this one) is the tip of the iceberg and will cost a huge amount of money. BCA is too well priced with little upside with all the problems and costs they will have to wear.
Out of all the banks CBA seems the most overpriced.
Maybe tomorrow will prove me wrong?
