RE:RE:RE:RE:Hold Or Sell?starsearcher40 wrote: Pinot, I'll have to disagree with you here that "the potential to grow is lost for a long time". The same sentiment was there last November when the stock had tanked to $1.60. It was ridiculous at that time, and the sentiment changed rather quickly.
So here we are again, to a much lesser degree, where the stock sells off on emotions and manipulation. The Bigs are loading up, and soon enough the same game gets played and the stock rises dramatically.
What I think people have to do is see the recovery for what it is, a work in progress that IS on track, and the momentary volatility that infects an emotional stock. If people get played out of the stock, well that's unfortunate. But that's the game that gets played. But wait...maybe it's been played on you too. ;)
Look at the chart since one year ago. It is normal that after such a drop that the stock at some point has a rally, and there was probably some good news I don't recall at this time. I think the market will like the sale of the wings that could increase the share price but Bombardier needs the cash. If it was not for this, they would have kept the business that will grow as more A220 and A230 are produced. I don't expect any miracle here since they need the cash. If they miss another guidance it will hurt and this sector is very impredictable. I was not led by emotion since I don't own the stock and I still made a killing in the cannabis sector. It was a rational decision to move to the MJ sector and I didn't like what I saw after.