RE:TELL me why this stock is high potential! The requirement for a mandatory 49M shares to be purchased is guaranted buys, yes. Very attractive for new entrants here. Past shareholders are hosed. your shorter and misteps by management hyper dramatized by the paid bashers drove this down. BBD.B is in fast just worth $1 and change today. In 6 months? Depends on how the Feds help out.
To understand the crash of BBD.B, you need to look at the long term charts, Reviewing the historical posting on forums is pain but lots of chatter with lots of clues!
What killed shareholder value of BBD.B was our own Conservatives. In their attempt to bring competition. The messed up big time!
The Conservatives allowed terrible regulatory rules the Conservatives allowed to implement in 2011 by IIIROC Most investors have no idea.
Research "Canada uptick" Guys have been talking about it here for years. It just gets drowned out but for BBD.B shareholder, it's the #1 issue. And the Fed are eager to help and this is really easy for them. They are the government and they control IIROC.
Reseach "Canada uptick"
As soon that that went into effect, That started this painful descent! BBD.B fell from 7 a share to half at just about $3.68 in a few months just after in 2011. Go check out the shorting ratios and review the charts. Shorting ratios are at an all time hgh and stock is at an all time low. SImple.
So shareholders, yes, maybe management was too complacent at that time during the hay days in early 2011and the stock was overpromoted. But the Conservatives wiped out billions off Bombardier shareholder value and many other companies. They are gone. So is the old management but really, they only played a minor role.
Fortunately, the shorts have promises to pay back shareholders for the shares they have borrowed behind their back to sell. Yes, that's shorting!
The new Federals appear to be looking at this regulatory issue and it woujld be zero cost for them, zero cost for taxpayers!
The Minister of FInance, vowed recently to look for all options.
They probably have to go to Parliament to vote but the motion would be "To fix the broken Canadian Stock Exchange Market" caused by the Conservatives. Because, it was. The pro business got it wrong, they are, after all, goverrment.
Feds tell IIROC to have three competing exchanges operated buy three different exchange provides. The competition would be between exchanges, not withing exchanges. That doesn't work as we can see by the wirespread shorting of the TSE which is killing the value of our dollar!
Easy, the new FInance Minister just need to tell IIROC to:
Restore the uplick rule.
BBD.B doubles overnight and so do every other highly Canadian shorted stocks. Canadian dollar, instead of cratering, goes back to follow the USD as it should.
Now, the Liberals will be seen as saving not only Bombardier but also the Canadian stock market. And, as importantly our dollar.
Bonus. taxpayers don't have to pay a dime for Bombardier unless they want to buy BBD.B
The Feds have to do something to fix the exchanges, we can't continue like this much longer.