Saudia investment in Bombardier This stock is behaving the way it is because of retail investors. I dont know why so many are surprised when sp fluctuates. This pattern has been there from day one.
Bombardier family if they want, then they can pull a fast one to get Bombardier stock up by discussing investments from Saudia, Qatar etc. Elon Musk had fake this type of investment for Tesla and got rightfully penalized by SEC.
There is nothing in the pipeline of Saudia investments. I am not saying Bombardier is in talks or should fake this idea. My point is this stock will take its time reaching the 100's and it will be done quarter by quarter based on q results. In between q report is noise and trading between retail investors. Accepting this is first step towards not getting caught up in the background noise from all the good Bombardier has done and is doing to be more profitable.
A lot of you clicked on this post because of the post title. I just wanted to see how many read this type of title generates:)