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Gold/Mining/Energy : CGI Group (GIB.A) - -- Ignore unavailable to you. Want to Upgrade?


To: Bruno Riccio who wrote (1506)12/29/1999 8:40:00 AM
From: Sili Investor  Read Replies (1) | Respond to of 1673
 
Hi Bruno, just got your message and CGI is currently @ $65.00 @ 8:34 AM. I expect it will open a bit higher than this but like most stocks, there is usually some sort of consolidation. Again, the big factor is whether there will be volume enough on the NYSE to carry the large gap up.

I've also been watching the NYSE, and I don't know if this is true, but I suspect that stocks like CGI with small volumes (on average not counting last couple of days) and little interest open later as the NYSE allows the others priority on opening. what I mean by all of this is that it may take as much as 10 minutes past opening for first trades on NYSE while the TSE will probably have already traded 50K or so. With that in mind, it is the right time to do any arbitrage from the day before. I'm ready with my fingers on the button on this one. I guess we will see soon enough.