GREY:OLEPF - Post by User
Comment by
cdn_stockson Feb 05, 2007 11:16am
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Post# 12162678
RE: Finally OLE Is Being..
RE: Finally OLE Is Being..One thing driving this is CIBC doing everything in their power to accumulate shares. They have bought 175K shares in the last two days and they didn't seem to care what price they paid. This is good although I don't like to see these parabolic moves as they are rarely sustainable. I'd like to see us consolidate here for a bit before the next move up. That probably depends on whether or not CIBC is done buying. If not, and given their method for buying, we could see the mid $3's. I'd rather that didn't happen and consolidate first.