TSX Opening
It will be interesting opening today. Will there be a quick, gut based over-reaction and an 18% drop like London with a subsequent bounce-back an hour later?
Will the opening minutes present a great buying opportunity. Will stink bids be a good idea. (I'm thinking 86 cents)
My feeling, and we've know for months this news was probably coming, is that this is a frivilous law suit but the market doesn't like uncertanity so until the legal aspect is setteled, the action will overgang the stock. An anncouncement of a firm sailing date wouldn't hurt of course...
Get a fresh cup of coffee ane enjoy the action!