As famous short trader Marc Cohodes says "wait till the jaguar has fallen out of the tree until you short". I may be proved to be a bit early in shorting WBC but I truly believe in my short theory.
Yes, shorting the Big 4 has been called the widow maker. Many famous shorters jumped on this trade in 2016. I agreed with their theory back then. But thought it was way too early.
time will tell if I am on the right side of the trade.
FYI, shorting by put options.
If the SP goes above $31. I will also be loading up the truck with shorts.
As famous short trader Marc Cohodes says "wait till the jaguar...
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Last
$27.23 |
Change
0.140(0.52%) |
Mkt cap ! $94.47B | |||
| Open | High | Low | Value | Volume |
| $27.29 | $27.40 | $27.10 | $138.8M | 5.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4602 | $27.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.23 | 50657 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WBC (ASX) Chart |