Meaningless now with all the banks piling into the same...

Meaningless now with all the banks piling into the same sector.

The stock is falling over 40c a day now and this time next week will be under $5 then it will slide rather quickly
like SZL is doing. SZL dropping at an even faster pace.

Suspect Westpac is clearing stock and doing it in a way where they do not lose to much money.
They are selling and buying but mainly selling as they get out.

Westpac owned 15% now down to 10% and its going to keep falling no matter what people say in here.
Its gambling in the hope you get your money back but the world does not work that way.
Its the same problem gamblers have. They think the next big win is just a roll of the dice away.

Many will lose a lot out of this and it should be a lesson for the future.
Seen this so many times over the years and people get suckered in over using commonsense.

The bubble has well and truely burst.

The only ones making money will be the shortes. The clever ones.
I've never ever shortened a stock and would have no idea how to do that.
My on line banking only allows me to sell stock I own.