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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

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

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Been holding since pre 2003 BRP spin off @ $23.65 a share
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Post by ITSUP2ME on Jun 21, 2021 12:50pm

Been holding since pre 2003 BRP spin off @ $23.65 a share

Averaged down throughout the last 20 years or so and now waiting to break even at $2.04 a pop...just hope I'm not dead by then...lol

Long and strong...GLTA
Comment by Shamhorish on Jun 21, 2021 1:38pm
Allmost same position as you for over 20 years when it was at $14.00, managed to average down ..my break even is over $3. (3.25) so still long way to go, but I hope we will reach there in 2023
Comment by ITSUP2ME on Jun 21, 2021 2:30pm
Wow I thought I was the only one here with that much patience...I always told everyone that I'll wipe my a$$ with the shares before I sold...hopefully one day I'll have some REALLY EXPENSIVE !! toilet paper. Yes I go back to the Nortel, JDS, Sierra wireless...etc. era where you could swing trade and make or lose 1000's on a blink of an eye...kinda of like the meme stocks of today. This ...more  
Comment by flamingogold on Jun 21, 2021 3:02pm
I will worry about markets losing 20% when oil gets over $100 but we are still awhile from that. Look to the post financial crises of 2008-09 when we last had rates head into the ditch and record quantitative easing. Markets then would periodically sell off only to get bought and rise again. I believe we are on track to repeat and even over shoot that period of growth. Covid took us to the ...more  
Comment by ITSUP2ME on Jun 21, 2021 3:20pm
Fair enough...I realize that and call me old fashion but I just feel there is way too much speculation built into the charts right now and when it comes to crude prices those taps can be tweaked in a heart beat...Hey collect a paycheque and work from home leave the car in the driveway... Cheers!!
Comment by flamingogold on Jun 21, 2021 3:27pm
Just remember that sometimes losing money is not from actually losing money. We are in unprecedented times where cash is... well... trash. Be fearful less of losing money in a market crash and more about running out of cash.
Comment by bicente on Jun 21, 2021 6:37pm
We are going through crazy times in the stock market , fundamentals are not even looked at when buying , many "investors" are taking the quick buck and raising prices ... many unqualified people are throwing money into the markets because it is easy to do so on their own ... I too believed we would crash soon enough but it looks like the growth is never ending ,,  inflation should ...more  
Comment by clubhouse19 on Jun 21, 2021 7:56pm
Bicente I have learnt that playing the so called long game has become a much losing proposition especially here in good ole manipulative Canada. We are a third world nation when it comes to the stock market and investing. It's all about the volume and liquidity and screw the fundamentals. The worst is the resource sector and there is virually no stock here that is immune from naked short ...more  
Comment by bicente on Jun 21, 2021 9:42pm
It's a great strategy , I trust no one , especially no large salaried fast talkers who run companies where they have no experience but yet the company is doing well " on paper" .. NORTEL taught me a little lesson .... I bought big enough into the Dow in 2008 in order to take advantage of the dividends it pays now but besides that the rest is okay money with large enough risks , I ...more  
Comment by ITSUP2ME on Jun 22, 2021 8:06am
I've always felt better sitting on the sidelines with cash made from profits and markets rising than holding on to my equity positions and seeing the markets tank. A little advice with your commissions...I was with WebBroker since 1996 before that TD Canada Trust platform. I wouldn't want to go back and add my $9.99 commissions. Back in January I moved all my positions out of my TFSA and ...more  
Comment by flamingogold on Jun 22, 2021 9:23am
For sure everyone's personal comfort level varies but history shows that sitting on the sidelines trying to time a market leads to missing out on the best days of the market which more than make up for the worst days. https://www.cnbc.com/2021/03/24/this-chart-shows-why-investors-should-never-try-to-time-the-stock-market.html
Comment by ITSUP2ME on Jun 22, 2021 9:43am
For sure that theory has worked in the past from a financial advisors perpspective and markets were tamed however in todays markets (and just my 2 cents worth) I can take say a 15% profit from any spec play and and there's always another one waiting in line to gobble up. Cheers!! GLTA
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