Bombardier Inc. T.BBD.A

Overdue correction

[flamingogold]

After 2.5 years of getting squeezed all the way down to 26¢ and a real chance of bankruptcy or a reverse split or a private takeover, none of which occured btw, why is everyone screaming and running for the hills? Unless you are new to the market, corrections occur.

We had an amazing run up for 2021. The darkest days are behind us and we are now correcting, like all healthy markets and stocks do periodically. I see the $1.80 support broke so look for $1.50 and below that there's $1.15 for bottom fishers. The latter is possible IF management misses of delivery guidance. Either way, if you are long just focus on the trend. The rest is noise.

[clubhouse19]

Finally someone with some logic !

[Shamhorish]

every one (or many investores , knows, heard about market correction) yes, a 5% correcteion !!!!!!!!!!!!! yes, a 10% correction !!!!!!!!!!!!!!!!!!! but a 26-27% (and faling) correction is not exactly seen as correction it could be a melt down,, it could manupulation  but for bbd.b to drop down from cdn $ 2.28 high to $1.65 = 0.63 on ne bad news, no warnings,  is (in my book) a&

[Inuk138]

It's pure manipulation in order to scare people. Average target is $2.44, how Instutional Invertors like : 1. Fadi Chamoun (BMO Capital), his evaluation $3.45 can be wrong 2. Tim James (TD), his evaluation $3.00 can be wrong  Tell me ! Pure manipualtion, BBD.B will bounce back before and of the year.

[naissance]

Average target were base on 120 planes before December 31, 2021

[Shamhorish]

bbd management reapeted thier expactation of deluivering 120 jet in 2021 presently they de;ivered 90 jets includiing 33  G 7500 they need to deliver at 30 more including at least 2-7 G 7500 still jave 30 bus days before 2021 ends to deliver 30 jets

[Angadh18]

Cfo from last call they are confident to 120 quarter. As we enter the final stretch of 2021, we are very well positioned to meet our revised full-year guidance. Planned deliveries will increase in Q4 to reach approximately 120 aircraft for the full year, driving incremental revenues and margin conversion. The Global 7500 learning curve and our cost reduction actions will also continue to

[flamingogold]

Gees, relax... individual stocks will always correct / overshoot in both directions at a far greater percent than its overall sector or any indice. I hope this is not your only holding, no one should own just one stock or stocks from their own country for that matter.

[clubhouse19]

IMO all relative  Before this correction BBD went up nearly 500 % without near any like correction So now down 26 % / 500%  Maybe that is another perspective.

[ITSUP2ME]

Ofcourse it is before the big banks start accumulating into their clients portfolios they want a nice entry level. Financial advisors/institutions know the health and fundamentals have changed drastically over Martlels tenure. I was anticipating a drop like this it actually suprises me it didn't happen leading up to the Federal election. Remember success is always on the other side of fear and