Bombardier Inc. T.BBD.A

Is this being walked up

[foolsgold]

slowly a cent or 2 at a time?

[vonSachsenanhal]

Or maybe it's just a natural progression upwards, now that the shorts have thrown in the towel.

[flamingogold]

I don't think shorts have thrown in the towel. The stock is still stuck in this "covid channel" since last March. Needs to break 60¢ and even moreso 70¢ and then maybe we can say that some shorts are re-thinking their positions.

[foolsgold]

Agree with flamingogold that we are stuck in this covid channel. 6 to 9 months are still short terms considering the potential when things start getting better.  I can see a day when we would say this thing was way belopw a buck!

[bicente]

wayyyy to low on the volume side for shorts to be panicking yet ... when the buying pressure will be on the shorts will be on the buying side trying to make some money on the positive side .. the market want to see the balance sheet ... GLTA  

[Guillaume]

Low volume, low pressure but going slowly up. Does it mean that the stock is ready for a jump? The result is next month. I dont know for the finance, but for the deliveries it s all good... :)

[bicente]

I'm not sure what the hold up is for this thing to start the climb but I'm guessing it is the Alstom sale proceeds and the re-financing of the debt or whatever they have up their sleeve to get this thing back into positive cash flow for good without surprise expenses .. the debt will still be a factor but if there is some form of re-financing it can be managed very well ... Jan.29 is

[Shamhorish]

bicente you are right i think (and hope Eric Martel) have something up his sleeves regarding the payment, rengo, refinacing of the debt as for 2020 cash flow, i think once more Eric Martel will show a good financinial statment with positive cash flow  and there will be the jump up in share price what will be left of the debt asuming bbd pay back $4.5 billion is is $6.0 billion if bbd can

[Guillaume]

@ Bicente Do you think this realy have an impact on the stock?  Al of this is not just gambling regardless of the industrial reality? I try to see some logics but... I just checked Telsa. 26b of income 26b of depths result of -800millions, versus bbd 16b of income 9b depth, result of +250 millions. bbd capitalisation is 1.4B, Tesla is 700B.  Ok, both are extreme exemple, and

[bicente]

we can't compare the bomber to Tesla , and I never bought tesla just because the price makes no sense to me , I was very wrong obviously ...there are many stocks that are over-valued and they continue to rise ... the bomber needs to get things done before the investing company starts taking a good look at them ... some anaysts a short while ago were still thinking the bomber could go bankrupt

[foolsgold]

I guess it is still on the move

[foolsgold]

They are still marching upwards . . .

[foolsgold]

As I stated few months back, it is walking slowly upwards, and will continue

[Shamhorish]

in my opinion, yes as you said it is walking slowly upwards,   hopefully we can see cdn $ 2.00 before year end

[foolsgold]

Still being walked up since 0.52 and we will see $2 before we know it

[flamingogold]

Walked up or crawling up... works for me every day of the week.