Post by
GeorgianBayGuy on Jan 14, 2021 8:30am
Should be interesting at the open
With various senior members of the French Government speaking out strongly against the deal, Carrefour is down 5.5% today, giving back half of yesterday's gains. Clearly, the French market is pricing in a significant chance that this deal will not go through in its current form - I predict that the TSX will do the same today.
Current bid/ask indicating a 5% pop at the open with heavy volumes. With yesterday's 25.2M shares traded, it is a busy time fo ATD investors. I was very happy to particpate in yesterday's buying :-) Never thought I would get the chance to buy ATD in the $36's again.
-GBG
Comment by
PianoMan on Jan 14, 2021 8:52am
And the good thing is that the rebuttal may lead to a smaller deal that would be very well perceived by the market (a smaller bite) and ATD would gain all back plus more over the nextr few weeks!!! Should open 40$
Comment by
Zoltar4kingrite on Jan 14, 2021 8:58am
does anyone have a pre open quote?
Comment by
GeorgianBayGuy on Jan 14, 2021 9:04am
At 9:03, bid/ask is $39.60 but you can expect that to flucuate significantly in the next 27 minutes.