dvbadada
11-28
$COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$  I think CBA deserves a new name: that is, meme stock(stonk)


Good on you, every day I chip in some aux $ (30aud) to bet you return Normal. But it seems like, the story is - starting from 10:30, I draw a rectangular, and point 45 degree UP is your no brainer direction.


Let's forget about fundamental, forget about whether your ability to meet shareholders expectation. Let's just gamble this 45 degree UP line. Until meme stock bursts. 


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Comments

  • Tigerous
    11-28
    Tigerous

    No meme stock can have such a large market cap lol…

    • dvbadadaReplysyzuhair
      If the shares keeps rising, it will benefit the long short firms who short at 90 and buy the warrant at even lower price. Presumably, the bank has the smartest person to balance the dance and share prices should go down, indeed Meme stonk also declined becoz a 45 degree UP is bloody costy.
    • dvbadadaReplysyzuhair
      Most long short trading firms are shorted around 90 dollars, because CBA shares kept rising since last year. However these firms also buy warrants, only exercises if shares keeps rising, they will never be losers! Alarm, let’s watch how this resilient bank balance the dance between UP and DN.
    • dvbadadaReplysyzuhair
      Are you looking negative on this stock? I also short on this stock, because it would a sensation for a bank to call it AI company but the business model is based on lending, very traditional business that exists for generational life. It is not based on selling AI products or service.
    • syzuhairReplydvbadada
      am losing money in this. Come on guys who is investing?
    • dvbadada
      澳大利亚什么都与众不同… 蓝筹股像meme股
  • 微风轻扬
    12-02
    微风轻扬
    You can try shorting CBA while long other banks
    • dvbadada
      你没有搞懂,银行股都有水分,涨的都很大。但相比而言,cba的水分最大。可以是nab涨幅的两到三倍。澳洲金融系统需要回调。其他非金融的板块确实可以做多。
  • syzuhair
    12-17
    syzuhair
    look at the stock price today
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