SGB st george bank limited

Crashy goes short SGB, page-10

  1. 1,741 Posts.
    Hell, the only thing I had CONQUERED by 10pm Friday night was a six pack, so excuse my spelling.

    My idea of hedging is to protect the extreme upside and downside. I am long nab, cba and wbc, and short sgb. If there was a crash or bank sector specific problems, sgb profits would protect me somewhat from nab cba wbc losses. I prefer to leg into straddles but its not always possible.
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Currently unlisted public company.

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