Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bombardier Inc. T.BBD.A

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

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 operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its 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, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Post by venbuyon Nov 20, 2009 8:25am
319 Views
Post# 16506848

Something doesn't seem right about the share price

Something doesn't seem right about the share priceLooks to me that whoever is accumulating these shares feels they do not have enough in their portfolio.  There could be several institutions or just one and they are controlling the market in these shares.  They appear to put the price where ever they want it regardless of any good news released by the company.  When you make a comparison to the share price activity of companies which are being bought out for less than $12 billion, or a new mining venture which has struck gold with $12 billion worth of reserves, it doesn't make sense that the share price of Bombardier would continue to sit below $5.00.  I realize that any company's net worth is entirely different than current sales or sales prospects, but a contract worth $12.7 Canadain dollars should make big noise in the market place.  A huge contract of this magnitude displays growing "Good Will" for the company and growing prospects of  future sales for Bombardier.  It also shows that Bombardier must be proficient and capable to organize the production of hugh contracts especially when there are current large orders being manufactured.
Definitely, there is something wrong with the market activity in Bombardier's share price.  Just as it is questionable why a share price moves up without any news, it should be questionable when the share price doesn't move up when there is spectacular news released by the company. 
Bullboard Posts