This site is dominated by CBA shareholders of whom I am one & the majority are willing the price to go higher.
Having sold 2,000 CBA shares, I am well cashed up for when the market reverses & that is when the real money will be made. I have been trying to be realistic in pointing out the danger of a market reversal for a totally over-priced share. There is far more potential downside than upside. It appears that the market is being supported by short sellers buying back the shares & super funds which keep throwing money at CBA as it is perceived as being a safe stock in the absence of any other stock that stands out.
The current yield on today's high is 3.22% & grossed up 4.6%.
It is the ability to buy into a market near the bottom & sell near the top that creates wealth. I am positioning myself to do exactly that.
The majority of HotCopper posters on this site are unwilling to acknowledge the reality that there is more to be gained by selling than holding CBA shares.
This site is dominated by CBA shareholders of whom I am one &...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CBA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$143.42 |
Change
2.070(1.46%) |
Mkt cap ! $240.6B | |||
| Open | High | Low | Value | Volume |
| $141.78 | $144.25 | $141.40 | $304.4M | 2.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 871 | $153.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $136.25 | 15963 | 12 |
View Market Depth
| Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |