RE:CIBC Buying up thousands of shares all morning so far!!`=Birdie1eagle wrote: They upgraded their recco and now they are buying. Says a whole lot!
Also keep in mind that CIBC is in the know about accumulation as they offer the Aeroplan point card. Not the main partner... but still has a fiar amount of clients accumulating with their credit cards.
We know there is no "run for bank" at this points.
We can assume there is no major point accumulation trend change based on CIBC buying.
We are in a good position... time to accumulate more. Still lots of room for profit.