CIBC Overhang GoneCIBC's renewable sell-order at 96 cents seems to have disappeared this morning. But everyone is still waiting down there at 92-93 cents. Not much is available for sale now until you get to 1.15, which is our old friend with with 96,000 shares.
These posts get about 50 reads each. If each of those people wanted to buy 5,000 shares for their TFSA with this year's contribution, then there would be pent-up demand for 250,000 shares.