Seems to be a few 'chicken little' posters on this thread. Lots of non-holders posting on a stock that generally speaking gets very few posts compared to many others. My spidey senses are tingling folks. Shorters (and associated big money manipulators) tend to utilize these tricks to shake the tree, so beware.
Having said that, any banks going under is not good news for the industry. No doubt a few more down days as some retail investors capitulate. But we are talking about Australia's biggest bank here so forgive me for not buying the scaremongering. Another poster's comments regarding the links between SVB bank and the tech industry is pivotal imho. Tech getting smacked and have been for some time, so one generally follows the other.
Will be buying more if nervous Nellies have a conniption.
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