CBA 0.78% $135.95 commonwealth bank of australia.

GoblinI agree with you big time re the banks. There is no...

  1. 1,044 Posts.

    Goblin

    I agree with you big time re the banks. There is no material proof that NAB's problems are impacting on the sector overall. Bank stocks are being priced on sentiment alone. We all know how often analysts, and the market as a whole, have got it wrong with these beasts over the last 10 years!!

    CBA is beginning to look unbelievably oversold at these levels.

    $30.50 would be a bargain entry point for CBA especially for a short term divvy play.

    Cheers
 
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