RE:RE:Hold Or Sell?pierrelebel wrote: SamHudson asked:
"Any chance we can see a steady increase."
Answers to that question vary.
Most cheerleaders on this board are very positive about the future of BBD. They are financially (and sometimes emotionally) committed to the common shares of Bombardier (BBD.B). You see some regularly suggesting a share price of $3.00+ within days or weeks, others see $5.00 by year end, others (most optimist) see $10.00 per share by next year (2020). That would represent a 475% increase in the share price in 20 months. Everyone is entitled to an opinion. Personally I believe these posters suffer from dilusion.
Now, if you look at the so-called experts (money managers who determine where clients money is invested) you see a slightly different picture. For example, in the last few months:
SELL - A poorly managed company that struggles to deliver on its products. There's no end to their problems. BBD needs to reduce its huge debt and get the family out of ownership, though it's not possible now. It also needs to get rid of its dual-class share structure.
HOLD - A company that he really tried to like. There is a trust deficit. There is a potential for an upside. He definitely wouldn't be adding here.
SPECULATIVE BUY - It's a high-growth cyclical stock, so it will underperform during volatility and outperform during market strength. It's down around 50% over the past year. He has recommended it in the past around $1.30, then he sold it around $3. Yes, there's big upside here, but also great volatility. Very risky.
For a more complete overview, please click this link
I wouldn't usually trust these money managers. They have their own objective whatever it is shorting, trading or long term for less risky stocks. I didn't in the past and Bombardier has been, by far, my best money maker since I began to invest in it, below $1.00. Pierre has an agenda with his manipulative posts since many years ago. Though at this point, Idin't even bother to read what the MM had to say because this stock is now risky and the potential to grow is lost for a long time.