So aside from the familiar Brant and IBK representation, I was intrigued to see someone from CIBC Wood Gundy at the head table. It's pretty obvious analyst coverage is going to be coming soon and CIBC will be the first ones out of the gate.
So put yourself in CIBC's shoes. Would you want to issue your first analyst report while the stock is hitting it's all time peak high, knowing that stocks inevitablly correct down? Or would it be better to issue your report at the lower end of the trading range like now, when the stock can more easily move up.
There is a method to this SP "madness" Terafly, this one's for you :)
