CBA 0.14% $134.16 commonwealth bank of australia.

CBA back to $75 for Christmas?

  1. 9,714 Posts.
    lightbulb Created with Sketch. 33
    Daily now there is CBA shorting.
    Choice has given the bank a shonky award - rightly and belatedly too.
    I remember wife complaining and bailing up bank manager because daughter could not access her savings.
    Staff had said the 3yo (when a/c opened) did not have a "proper" signature.
    Manager caved in after 10mins. I know her and would not have tried that bs - live in peace.

    Some posters here have been commenting for decades - but they may also have an agenda.
    There have been repeated predictions of 68, 69 etc.
    The number is still 70.
    The shorting cannot go on - even merchants have to recoup capital.

    CBA is a very special stock.
    Holders this year put $4.30 in the drawer.
    A stock returning 6-7% is special (where else spits nice regular divs - TLS is over the hill).
    CBA staff need the foot up the ar*e not shareholders.

    So the climate of public perception, credibility and clear wrongdoing favours the shorters, but they can't beat the return.
    I know my opinion is unpopular with those who want the number lower.
    But please reply with reason, belligerence and insults show you have lost reason and the discussion.
 
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