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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Short trades last 2 weeks of April
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Post by clubhouse19 on May 02, 2023 11:27am

Short trades last 2 weeks of April

2.3 million shares shorted or 26% of total.

average of 230k shares shorted per day.

I would think the majority of those were shorted between april 24 and 28 as I previously indicated the overwhelming sells by Anon 1 in that period.

The % of total volume aslo  went up considerably during this period from the last which was 17%  near a 50% increase.

 ..
Comment by Truthifest on May 02, 2023 11:46am
Shorting probably wouldn't have worked so well if the demand for shares wasn't so tepid.  Sure seems like the post-RS rally has petered out.  The obvious, big positive catalysts are over.  The company and stock have entered a new phase, of slower change.  Combined with the overhang of increasingly likely recession, the next several months feel like dead money, at best.  ...more  
Comment by clubhouse19 on May 02, 2023 12:01pm
When you can naked short which is equivalent to counterfeiting, it don't really matter what the demand is even though it makes it a little more complicated to cover. You have no institutions holding this stock in funds thus the common shareholder has absolutely no leverage against the shorts to keep them at bay. That is why I mostly trade this stock as I have done this AM
Comment by Truthifest on May 02, 2023 12:18pm
The amount of shorting could readily be overwhelmed by demand, if investors were still excited about the name.  Looks like they mostly no longer are, tho. I meant to include another macro comment in my prior post, that both Bomba and Gulfstream told us the regional banking crisis chilled orders for awhile.  Well, investors are concerned that crisis is resurfacing, given the weak ...more  
Comment by MyNameIsNobody on May 02, 2023 12:36pm
About these macro worries on regional banks etc... i'll just quote Warren Buffet. 'A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful'' Of course there's always the classic 'The first rule of an investment is don't lose. And the second rule of an investment is don't forget the first rule.' but in ...more  
Comment by Truthifest on May 02, 2023 12:46pm
Classic Buffet quote. I'm confused by yours, tho, as it contains contradictory parts: "in Bombardier's case I fully believe the 'greedy when others are fearful' applies here, with all the good news lately."  
Comment by Truthifest on May 02, 2023 12:50pm
Wish there was an edit function here, lol. Oh, and I believe Buffet's comment was regarding giant moves up and down, not a, say, 10% move in a week.  More like the immediate post-RS period, or the fall of 2021 period when folks thought 7500 Globals were going to fly to the moon.  
Comment by MyNameIsNobody on May 02, 2023 1:02pm
Well... I might have missed something because I don't see any contradiction here.  I meant 'Be greedy when others are fearful'... with Bombardier because the sp dropping when there's mostly good news means that some are fearful. Could also mean other stuff, after all there are tons of quotes of all sorts that are available to prove a point... lol
Comment by Truthifest on May 02, 2023 1:26pm
Yeah, it's like stats, u can find something to support ur position.   Buffet's comment was in regards to extremes, which is not BBD's current situation.  There was an extreme situation, tho, right after the reverse split, regarding fear.  And the opposite happened fall 2021.  Currently, there's basically a balance.   
Comment by clubhouse19 on May 02, 2023 1:45pm
Maybe I commented on the wrong post as mine really had nothing to do with Buffet as I am sure he has nothing to do with the Bomber nor in any of his remote thoughts.
Comment by MyNameIsNobody on May 02, 2023 1:45pm
Dude, you look like you need to be right.. I won't look up this 'why or when Warren said this'.. You think that there's basically a balance Bombardier and I don't... hey, there might be some 'balance' today but tomorrow might prove any of us wrong...So I'll just add the following: MyNameIsNobody thinks that the quote Warren Buffet said about being greedy when ...more  
Comment by Truthifest on May 02, 2023 2:28pm
Nobody, just pointing out you're Buffet quote is misapplied.  Simple as that.  
Comment by clubhouse19 on May 02, 2023 1:58pm
Interesting comment that it could be counteracted by demand ??    Could you see where you can find 2.3 million shares buying to counteract those 2.3 million shorts in 10 days..?? Stats are surely the inconvenient truth. I did not have to look for them as they are there for all to see for those that bother. 
Comment by Truthifest on May 02, 2023 2:39pm
Investment positions in BBD are small potatoes in the overall world of investments.   Shorts die down when they sense conditions are unsupportive, like any other investor behaves.  I'd guess at least some of them concluded that demand from longs is soft enuf to exploit.  I also think it's soft, based on the things I mentioned above.  Probably will be for awhile, too ...more  
Comment by clubhouse19 on May 02, 2023 2:54pm
You think it's a balanced playground  ? That's the way you make it sound like as if thjey are playing by the same rules ??   ie ..Can you counterfeit shares at will ??
Comment by Truthifest on May 02, 2023 2:57pm
?  That's not what I'm saying at all.    
Comment by Shamhorish on May 02, 2023 12:18pm
IMO, INVESTORES WHO USE STOP LOSS  are giving the markets guaranteed and easy way to cover their short  example if x sh p. traded at $62 many investores had set stop loss at -5% (58.90) shorter can drive share price down below 58.90 and automatically get shars at $58.90 so, if there is a demande for x share and investores stop using stop loss, will make it a bit uneasy for shorters
Comment by BBDB859 on May 02, 2023 2:43pm
Hey Club. My commendations to you, for figuring this trading patern out, and trading this stock daily, in and out. I would think you're mostly ahead doing this daily. Because even though now, we don't have any Institutional money pouring in yet. The Naked Shorters have their way with the stock still. This reminds me of the time that the stocked was naked shorted, from $$4.75 all the way ...more  
Comment by clubhouse19 on May 02, 2023 3:05pm
859 let's just sayI do much better since I play along.    House one, as I can figure can be anyone who wants to hide identity. maybe they all have turns. I don't know...but the pattern is familiar. If it wasn't for the market sentiment this am, maybe we would have seen them continue to cover. As to them getting caught...for what ?? all they do is legal. The naked shorting ...more  
Comment by clubhouse19 on May 02, 2023 1:01pm
Not a coincedence that anon 1 has turned into buying as now the spread between the sells and buys has narrowed considerably.  Buying now more than they are selling  following the shorting this AM. 
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