RE:RE:RE:My hunch on federal aidI believe that Liberal government will reluctantly support Bombardier yet again.
In 2009 they spent 13.7B to bail out GM and Crysler.
Too not support this national treasure would not be popular with the majority who of the voted this government to power.
Is this a good use of our hard earned money. Probably not based on its history so this will be a one time injection which will have stipulations.
I know it is preached but with the family running the show this company will never reach full potential.
However I am bullish on this stock as an investment at this point as I see it pushing through and making a profit in the coming years it is sad they weren't able to do it with out the government assistance. I'm confident the end product will take up the intend market segment. Bombardier will thrive going forward.
This is my opinion and the reason I'm overweight now that we have past the volatility.