Bombardier is done, put a fork in it
I have been a shareholder for about 2 decades, and as much as it pains me to say this, Bombardier is done. Canadians hate Bombardier. Customers hate Bombardier. I imagine the employees hate Bombardier. The shareholders hate Bombardier. Everything and everyone associated with Bombardier is poison. There really are only two options. Sell everything and recover the last $2 or $3 left, or continue the 20 year ongoing death spiral to bankruptcy in a few years. The family has to go. The name has to go. All poison. The only question is can the family and management admit their failure now, check their egos at the door, or wait for the confirmation by bankruptcy a few years down the road. Added 60,000 yesterday at $1.16 to hold about 197,000. Lifetime record after my 2 decades involvement is likely slightly over break even. Cost base today $1.60. Will the family and management give me a small return on my 2 decades, or will they give me nothing?