Bombardier Inc. T.BBD.A

what comes next??

[itsalie]

profit taking or short squeeze?

[flamingogold]

The long holder can sit back and watch the show eating popcorn cause the trend is UP. It's the shorts and penny flippers that will be biting their nails in anticipation of the next move. It is "probably" a move down... but I am fine to hold long and follow the trend.

[clubhouse19]

Flamingo Contrary to what you think penny flippers are going through, you have to remember that those penny flippers or traders, other than shorters,  that you describe as being antsy, I see them doing exactly what the money makers were doing and continue to do with this stock and more broadly in this market while actually the long holders wait for the next shorting attack which definitely

[flamingogold]

club, fair enough... my point was not to criticize but just a reflection of how I see it. At $1.50 now I think the possibility is high we see some a quick sell down to $1.35. If you can play with success at the short game then all the power to you but personally it is not what I am good at so I am content to hold through the waves and stick with the trend which is UP.

[DrSpec_]

What about new contract that will be announced soon? :) Perhaps that move down will be just before that?

[clubhouse19]

Kind of anticlimatic if you think that about announcement of new contract being announced soon. Why would that change the dynamics if all the market knows ?

[DrSpec_]

New PO won't change anything? I don't understand..

[clubhouse19]

Because if you know of this new order then the whole market alrady knows already so what would change ?   Looks like intraday shorting/profit talking already started. No such thing as investing anymore especially in Canada.

[Jd007gobbd]

Profit taking is perfectly normal but sometimes the market might surprise you and you may lose out in the long run ... 

[clubhouse19]

Just look at history and you will see the answer.