CBA 2.80% $132.46 commonwealth bank of australia.

CBA back to $45-50 again soon?, page-573

  1. 2,025 Posts.
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    closed near the low

    not a lot of shorts on this

    $94-$96 ex dividend very possible

    should see a lil tyke bounce tomorrow, support around the $100 physiological barrier $99-101, any shaky global or financial news out of the us will see another 5% wipe, then it should hold and bounce of the mid 90s for dividend,

    all the sudden it looks like you can get 5-6% on your money in term deposits within 1 year

    why risk it for 4% on $100 share that's subject to the market movements

    it will be picked up strongly in the mid 90s I don't suspect it will go back to $80s but the news papers will give it a good go and the word recession will get swung around enough to reduce inflation even if it doesn't happen - volatility gaurenteed hold on for the ride, any bad US bank results will trickle into Aus
 
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