RE:To be honest.. I m scaredI put some not all. There is an influx of cash, so I dont think it will go ch11. I also keep in mind of Air Canada history.
That said, even if they have the cash, IT IS STILL POORLY MANAGED. They have to find qualified people to manage. Not people that 'claiim; they can manage.
Pathethic way of running a company.
ak2O8O wrote: Last time, it was pumped up to 1.9x, and dropped to 87 cents...
AC order was good, but not enough, if we don't see another "major" order soon, i am scared that it will drop back to 1$.. After all the AC order, as far as we know it, doesn't make Bombardier any money. It's mainly used as a catalyst to generate more order in a near future... and if those "future orders" don't come because B and A are even more feroce in under cutting bombardier on pricing... well.. Bombardier can sell 1 or 2 majors order as loss... but can they keep selling CSeries and not making a cent on it?? i think not...
To not feed the bashers, Yes, I am long and still average at 3.XX $, doubling my holding would bring my average much much lower... but I am not ready to risk more capital on BBD at the moment. Last time i did at 1.8X, i got my hand cut really bad... This is my take on BBD...
Until another major order shows up, I am not happy with the slow ramp up...