RE:RE:Reverse Stock Spits Are Usually Good For Investors.To "itsoverbomber" : I've read some of your better comments and often agree with you.
I want to make the point here that, if Bombardier was so poorly managed (under new management) and, that cash burn levels were not stabilising under new management, the company would have already failed! I'm more positive and looking forward to the next 6 months.
I'll venture you are looking too short term. The next few months will tell if new management and financial restructuring are grabbing traction here. For a reverse split to have a positive outcome, it requires, especially this year, near flawless execution + more orders for the C-Series.
It's very simple: if this company had not already reached the beginning of a turn around, we might as well all just cash out now!
Let's just say I'm more optimistic than you are because I'm looking forward, not backward.