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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 jamesb14on Oct 26, 2016 7:40pm
213 Views
Post# 25390278

Why be concerned about a reverse split?

Why be concerned about a reverse split?Why are so many people concerned about a reverse split? Stocks going through a reverse split are usually in trouble and trying to avoid penny stock status. Bombardier was in that position at the beginning of the year when it was originally proposed. The story has changed considerably. Now, split or not the value of the company is the same and the value of my holdings will remain the same. Right now the price of the shares is based on aircraft orders and as long as the orders keep rolling in I'm not concerned if my 22,000 shares at $1.85 become 2200 shares at $18.50. This is much ado about nothing - you can't simply look at what happened after a totally different company did a reverse split because each situation is different.
Bullboard Posts