Anybody shorting?
$OCBC Bank (O39.SG)$Anybody here thinking of shorting OCBC knowing the MAS is going to investigate them for the phishing stuff? https://www.channelnewsasia.com/singapore/mas-will-consider-supervisory-actions-against-ocbc-phishing-scam-2441021
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Interested mainly in life sciences / healthcare, but also a few stocks where I can see the company in action around me
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Sufy87 : I think you need to see the big picture. MAS investigation short term impact. Furthermore, OCBC systems were not compromised. It was customers who unknowingly gave away their access. IMO, OCBC won't be found guilty.
big picture, interest rate hikes coming. x3 x4 x5? who knows.. Short banks at your own risk.
gxc2503 : Priced in.. banks will soar due to interest rates
被割韭菜花 : Singapore cannot short stocks
T将军 : Fortunately, Singapore cannot short, otherwise the market will be in chaos.
CN Moo : Wanted to short , don’t have put options.. no wonder nobody wants to play Singapore stocks .. I question how the scammers are able to siphon off the money so easily when some of depositors say
say they didn’t give out OTP
Mr Pistachio CN Moo : Singapore broker no hv options..boring