Out on a limb I go , hope it don't break!Today was a real head spinner for sure. CIBC buying 1 million plus shares over a 2 day period and the next thing selling the whole lot in a half a day for a $17,000.00 loss.
None of the positive fundamentals for the company have changed .
Therefore I will go out on a limb and suggest a pre-arranged sale. If I am right, increased positive buying will be back over the next day or 2. After that an NR will come out and the stock will be on a roll.
Was that just a creak in the branch I heard or a big old nasty crack ?