RE:Need AdviceOk here is what I think...
The entry level at 1.50$ is potentially a bargain, however you must know there is a risk to go lower, but I believe it is a risk that is worth to be taken.
Here is why.
Bombardier has been bashed because of the delay in the CS100 and CS300. And that's the only thing that matters for investors. Will the CS series see the light?!
I read alot on the CS100 which is due in early 2016 (delayed 2 years... so you can figure why the drop...) Also... they are burning cash at a really high rate, which is also something investors are freaked out about. They have a concern about another dilution, but Bombardier seems to work on that problem by opening an IPO for a part of the Train/Subway transport, which would give them liquidity to avoid another dilution...
Also, you need to understand that since September 2014, they didn't add any other order to their 243 firm orders they already have. Their target was initiallty 300. And they change the management and sale teams.... will they find other buyers? Investors need to be reassure that other customers are buying!
Put aside the fear of cancelling order... I couldn't find the $ penality on a cancellation but they say it's pretty high, so... I don't think the firm orders will be cancell as the airlines would lose probably too much for nothing.
I just hope you know that Bombardier is really trying to be part of the duopoly of Boeing and Airbus.. which is not going to be easy. They need a bit more recognition to be able to fetch new customers.
So as you can see... risk is there... but it could pay you well.
Just be informed on the CS100 and CS300, we need some news. So you have to keep yourself inform on the development of that CS program.