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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 (20min delay)
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Last
$27.79 |
Change
-0.100(0.36%) |
Mkt cap ! $96.48B | |||
| Open | High | Low | Value | Volume |
| $28.00 | $28.05 | $27.62 | $187.2M | 6.741M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 17503 | $27.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.80 | 14596 | 32 |
View Market Depth
| Last trade - 15.20pm 08/05/2024 (20 minute delay) ? |
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Last
$27.79 |
Change
-0.100 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $28.00 | $28.05 | $27.62 | 1826676 | ||
| Last updated 15.40pm 08/05/2024 ? | |||||
| WBC (ASX) Chart |