Bombardier Inc. T.BBD.A

Great opportunity to buy and hold!

[Jd007gobbd]

If this company beats analysts estimation in the next few quarters just watch it go much higher! So just hold on and enjoy the ride!

[mtlmoneyman]

I  totally agree with you - that is why i bought more shares this morning - 2.00 and above will be hit -its just a matter of time Go Bomber Go

[itsalie]

Agreed, I was confident when I hit refresh I would see the stock off its lows for today.. Thats encouraging and shows you longs aren't taking profits and shorts are running out of options

[clubhouse19]

Waited for a dip after trades yesterday and got all filled at 1.90..   Baystreet seems to have laid off of this at least temporarily, but since I am still skeptical and  don't trust these pimps, still keeping a short leash and realizing profits on every opportunity and hope to sell these also at a profit even though I certainly left some on the table during this run-up. Things are

[itsalie]

If you tried to trade this on the run up from 38 cents you must have left a lot of money on the table. 

[clubhouse19]

I did leave money on the table...trading always leaves money on the table but I the same time very rarely did I get caught on the wrong side of the trade and just waited a little longer to get back in the green, The last good  take down was a prime example where I wasn't caught but was able to buy more and sell all for a good profit.  Buy and hold is becoming less and less part of

[flamingogold]

Any green is good. The last 8 months the best strategy here has been to hold. But, the previous 2.5 years was not. Going forward I think the long trade will win out. Time for all longs to make some green for a couple of years, at least until we approach the debt obligations in 3 years again.

[Jd007gobbd]

Absolutely mr. gold!.... I don't want to miss out on a great opportunity of a rising company by believing that I'm good enough to be able to time the market..... which no one can! this is why for now I'm giving it a few more quarters .

[Damnre]

I'm also looking at entering again at 1.90.. Made a good profit from 1.10 to 1.70 Maybe i'm wrong but it went up to fast!!

[flamingogold]

Every earnings quarter is going to beat on a yoy basis now. The cancerous cash-draining divisions, Airbus and Transportation, are gone. The private / business jet sector is on fire. Increasing Global 7500 deliveries and margins. Increasing order book High margin MRO centres opening around the world. Plus... they have a clear 3 year runway before the next debt obligation comes due.

[vonSachsenanhal]

Hey Club, This run up is based on supply and demand right now. Bomber is still buying its own shares and index funds have to buy 77 million shares to make sure they mirror the TSX Index Sept 17.... although they may have some leeway to do their balancing after that date. Longs are less likely to sell with the share price increasing by the day.

[Damnre]

Could you explain the balancing and fund need to buy shares? WHY?

[vonSachsenanhal]

An index fund is a portfolio of stocks or bonds designed to mimic the composition and performance of a financial market index. If bbd.b returns to the TSX, the index funds have to buy its shares to mimic the whole index. Conversely, when the Bomber was booted from the TSX last year, these same funds were forced to sell bbd.b by the millions resulting in a huge hit to the share price. The

[NoNameAtAll]

I just looked it up.  BBD was removed from the TSX 60 index on June 22, 2020.  On June 15, 2020, the day that news was announced, BBD droped 12%.  On the 22nd, the trading volume was almost 150 million shares.   So, news of being added to the index will move the price.