hey Joey, this is plenty exciting enough for me, how about you? I guess we should be careful what we wish for.... :-)
Lots of activity from TD and CIBC today....TD is a net positive but there was a ton of buying and selling activity there 500k+ on the buy and 400k+ on the sell side, this accounts for the vast majority of the vol so far today really....CIBC is more a pure seller with ~140k sold so far today, I see another 25k tagged too so hopefully that is the last chunk and this is just some folks spooked and nothing more...
it's tough to watch this languish knowing that they were awarded a lot more biz (1 big city contract + more cambridge), but that's the way it is, timing is everything...
.... from the smallest to the biggest deals, the end client controls the news flow (even when it is negotiated in, client is intricately involved in timing). nothing is said without getting buyin from all key stakeholders and there would be many levels on a deal like this....fingers crossed we hear something soon.