I have heard news reports lately that indicate CBA have let through approximately 57,000 transactions of more than $10,000 and it is law that every single transaction above $10,000 needs to be reported to a government agency or department? Apparently every single incident can attract a fine of $18 million which potentially could result in a total fine of approximately $1 trillion dollars?
$1 trillion dollars is approximately 10 times the value of the bank, or approximately double the total national government debt. On top of this CBA shareholders have now launched a class action.
To my way of thinking news cannot get much worse. I would have thought Blind Freddy would be wanting to short CBA stock on the back of all of this? I have never shorted a stock in my life but I am keen to learn. How do I short CBA stock and/or do people think it is a good idea to do so?
Cheers.
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$132.78 |
Change
-0.360(0.27%) |
Mkt cap ! $222.2B |
Open | High | Low | Value | Volume |
$132.60 | $133.10 | $132.27 | $150.0M | 1.130M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5567 | $132.78 |
Sellers (Offers)
Price($) | Vol. | No. |
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$132.80 | 1656 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5567 | 132.780 |
1 | 4000 | 132.750 |
1 | 1252 | 132.710 |
1 | 100 | 132.620 |
2 | 4110 | 132.600 |
Price($) | Vol. | No. |
---|---|---|
132.800 | 1656 | 2 |
132.850 | 2197 | 5 |
132.870 | 440 | 1 |
132.900 | 70 | 1 |
132.910 | 60 | 1 |
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