Yes, holding CBA shares must be like holding tulip bulbs in the 17th century. Tulip mania sent many people broke & those buying recently could finish in a similar situation.
An asse is only worth what someone will pay for it when you are selling. On a yield basis CBA is currently worth less than $120.00. You are currently holding an asset that is getting towards being overpriced by 50%. When the market reverses, as it always does, CBA has a long way to fall.
CBA Price at posting:
$175.58 Sentiment: Sell Disclosure: Not Held
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