RE: UP or DOWN ? with Sale of US assetsGoing back on a comment about 6 or 10 years ago having the biggest market cap. They had over $15 to $20 a share just in one stock (global Crossing) that they had financed and had Billions of stock value that they paid virtually nothing for. Global Crossing crashed but it was a good option play to go long on cibc and buy put options on the global crossing. They had lots of volatile stocks back then that put so much value in there stock price.
Just my opinion on what i remembered.