Bombardier Inc. T.BBD.A

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

Industrials Aerospace & Defense

Bombardier Inc. is focused on designing, manufacturing, and servicing business jets. The Company has a fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. The Company designs, develops, manufactures and markets two families of business jets (Challenger and Global), spanning from the mid-size to large categories. The Company also provides aftermarket support for both of these aircraft, as well as for the Learjet family of aircraft. The Company's robust customer support network services the Learjet, Challenger, and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, The United Arab Emirates, Singapore, China and Australia. Its jets include Challenger 300, Challenger 350, Challenger 3500, Global 5000, Global 5500, Global 6000.

TSX:BBD.A - Post by User

Bombardier Inc. > Oh boy!!!!

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Comment by clubhouse19on Sep 20, 2023 1:38pm

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Post# 35645725

RE:Oh boy!!!!

for clarity ?
Are they asking to borrow assets including stocks or just the cash?
If it is assets, then that practice has been going on for a long time which would include stocks so they can lend out to short and they inturn would charge the borrower more than 2%.

They would actually are borrowing your BBD stock giving you 2 % ..I presume you have a cash account and not margin because they would not have to ask to borrow your stock if margin.

The upside would be that stocks are needed to to close failed trades.

First time I have seen it called a promotion.

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