WBC 4.49% $27.68 westpac banking corporation

I believe WBC profits will decline soon. SP will significantly...

  1. 112 Posts.
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    I believe WBC profits will decline soon. SP will significantly fall over the next 2 years.
    Ultimately they will need government assistance. If they don't get it, yes, they might collapse. "might"

    I have a short position, modest one, but looking to increase position if the SP goes up to $30. Which is a real possibility.

    And I don't really care if Westpac goes under. A 50 to 70% drop in SP will do me

    I don't care what you do with your money or type on this forum. Couldn't care less.
    Last edited by Cossack_Carl: 17/09/18
 
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