RE:$10?!
JayBanks wrote: I don't think it's accurate, but my Scotiabank platform is indicating that CJ will have a large block sell opening today at $10.
Most of the time this number is not that accurate, especially 45-30 min out, but they are also not usually that crazy either. Even if that number is accurate at the moment, I'm sure there will be people placing lower asks closer to open to lock in a major gain before that chunk at $10 number, the 'asks' are about 60,000 more than the 'bids'...
This is somewhat useless info (fake news) I believe, but was interesting when I noticed it, but I do think $10 is possible/likely, I just don't see it as a today thing and I really hope I'm wrong!
It's now indicating $8.50 which still seems high at a just under 12% move, but not as crazy as 31%