RE:CIBCIt's crazy how a price target cut (one that was obviously coming because the analysts are following the price down) wipes out all the momentum. I actually feel that most of the selling pressure is from north peak having fund redemptions.... it put a lot of pressure on a very illiquid stock.
I don't think Ecn is getting the credit they deserve for the 270~ Canadian dry powder they freed up from the Kessler sale. I know people want m&a, but the economy isn't great and they are take share in the marine and rv space. The longer they hold out, the better the valuation for their m&a