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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Post by intheteethon Oct 12, 2016 6:09pm
302 Views
Post# 25337094

Fed Billion$ Deal

Fed Billion$ DealPretty sure the deal with the fed will go through and seem to be beneficial for both sides in terms of job creation, ect... However I don't believe Bombardier has a vialbe business anymore. This investment is striclty political and although might be good for the nation in the short term I think Bombardier is doomed. There is 0 signs of sustainability. 

I think the sp will creep up a little once this deal is official however I believe there is going to be some serious shorting once people realize all the fed money did was extend the life of a poorly operating buisness.

I am currently not invested in this, waiting to see where the share price moves after this deal is official, and most likely will be shorting it as soon as I see the first signs of weakness. 

Just my 2c
Bullboard Posts