There are some posters who are not receptable to negative comments.
You were warned that a correction was imminent, yet you want to shoot the messenger.
I am still a shareholder but have sold off 90% of my original holding in my super fund which does not attract capital gains tax. On August 5, I bought back nearly 25% of my original holding @ $26 odd in my own name which would be subject to CGT. Consequently, I still have skin in the game & will be looking to buy more when it becomes a better proposition. I will not be buying just for the sake of owning more CBA shares. The yield will have to be far more attractive than it is at present, otherwise there will be better prospects elsewhere.
CBA Price at posting:
$134.89 Sentiment: Sell Disclosure: Held
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