Bombardier Inc. T.BBD.A

RE:Adding to my SHORT Position

[gobomber]

georgebc wrote: Im adding to my SHORT Position because this entire company is another Quebec SCAM & going to ZERO next year due to LAWSUITS! Watch & Learn!

@ georgebc,

I have absolutely no problem with people who are long, day trader, or shorting Bombardier. I assume you are using the stock market to make a buck like most of us  although some are so loyal that they would still hang on to their position all the way down to zero like I have seen with some invertors of Nortel or Air Canada. We all have our own style and I respect that.

What I question about your post is your sense of timing. After the conference of Alain Bellemare, on 17 December 2016, the SP took off like a rocket and climbed from $2.00 all the way up$2.75 just based on a statement that 2017 would be a much better year for Bombardier.
I was very happy to see my BBD.B stock climb to $2.75 and I was expecting a major sale of the CSeries to support the SP at that level.

Anyone with a bit of experience knew that the SP could not stay at $2.75 unless there was a major posive news to support it at that price. That news never came and when the SP started climbing down, I sold my whole position at $2.50. It was then that you should have shorted this stock not at $2.00

The SP was around $2.00 for quite a while last Fall, establishing a very solid floor. Hence, not a surprise that it has slipped down back to this floor given the lack of support. I believe it will stay there until we either get hit by a major bad or good news. Consequently I question your judgement to short this stock when it is resting on a very solid floor.

As to your statement about Bombardier being another Quebec Scam going down to zero, this is a very moronicc statement fom your part. That kind of statement has zero credibility and only demonstrates your low degree of maturity.