Post by
stockitnow on Jan 24, 2021 1:01pm
1 2 3 punch. Punch 2 needs to be strong
Bombardier has the potential to ride this upswing for awhile. Sale of BT will bring a bump and market is now accepting this as positive. When the deal was first announced the sp took a dive that a) it wont go through and b) since deal didn't go through then bombardier will have liquidity problems. Few months after the deal we all went down on the covid s*hole. Now the first punch is the deal is closing Jan 29th and that will carries is until Feb 11th for the 2nd punch of hopefully an optimistically positive 2020 Q4 results. If this result is positive then it will carry sp higher to the 3rd punch which is covid vaccine gets traction and market slowing and gradually opens up. If q4 results are not positive then the sp will loose momentum until the next q report when global economy opens up and q1 results are good. Let's see what the new CEO and CFO not talk but demonstrate on q4 results.
Comment by
HopefulJuan on Jan 24, 2021 2:03pm
Still won't know more than what they tell us about the debt until they file Q1 in May or so.