CWN 0.25% $12.09 crown resorts limited

I find it ironic that people trading Crown are calling it much...

  1. 519 Posts.
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    I find it ironic that people trading Crown are calling it much lower from current levels on the thesis that China is going to turn off the money flows.

    If that is the case, rather than try and short a stock that has already fallen significantly, why not direct your attention at a number of other high priced stocks sensitive to the same thematic. For example if you think China is going to be successful in stemming capital flows to Australia, you should be shorting every listed property stock on the ASX, as they are likely in for falls of 30-40% before they stabilize at more sensible valuation levels.
 
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