CBA shares and risk

If the share price of CBA could easily be halved as you say, why would it be a good buy at $70-75? I know it was over $80, but it seems a huge risk to buy even at $70 if there is the likelihood it may go to $40. Am I missing something?

A: Don’t be alarmed – I am not making that suggestion.


I wrote it in the context of a “crash” – if  it ever happens. It was a flippant remark.


I am not expecting a crash – any time soon – and not before we have taken out our old high of around 6,800 on the S&P/ASX 200.



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