I'll take big percentage increase over dollar or two any dayMr. Sibelius basher extraordinaire is cocky again this morning laughing at some neophyte or not, small investors telling everyone that with even the Delta deal, the stock might well only go to $2.50.
I can say to Mr. basher Sibelius extraordinaire that even with the Delta deal, a lot of work remains to be done at Bombardier. I'll add that many here are well aware that at least on paper, there is today very little equity if any in the common shares.
However, should AC and DAL signed up as expected, the discounted cash flow model is going to change dramatically for the better. Should they announce a CS500 project ahead, well, it's only going to get better!
Even a tough cookie like Mr. Sibelius has to admit that a lot has been accomplished under new management. This issue about dual class structure remains of course an issue but if the company can deliver and execute as expected over the next 6-8 months, the dual class share will only be a huge hurdle what otherwise be a simple break-up and sell.....again.
Lastly, here's Mr. Sibelius laughing at $2.50, for those of you who bought around the dollar mark or better, will have a 250% gain.
Should the shares have been purchased even at the high of last week at $1.75 or so, that's a 50% gain! I've got work to do so, have a great week everyone and just put Mr. Sibelius basher extraordinaire on "ignore"!
PS: has anyone looked at the 3 preferred shares of late?.......