CBA 1.76% $128.69 commonwealth bank of australia.

Is shorting this a no brainer?, page-964

  1. 7,934 Posts.
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    The time to short CBA was prior to the AUSTRAC case and RC being announced when the price was still rising. You have missed the boat if you think you can get in now, it left in August 2017. Now the market has fully priced in the negative news, the SP could go any direction, most likely up as it is revealed the hyperbole from the media is not going to end as bad as they say.
    Banks will get the company tax cuts right? Banks make a lot of money right?
    A share of higher profits go to share holders right?
 
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