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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 ERTguyon Jan 06, 2017 1:14am
331 Views
Post# 25674012

Can't believe the nervousness around today's decline

Can't believe the nervousness around today's declineThe stock goes down 7 cents and this board goes nuts.  If anyone here knew anything about technicals it was pretty obvious by the RSI touching 80 that regardless of what news came out today this stock was due for a pull back.  I think traders here are getting a little greedy on the near term downside though.  The obvious support level I'm seeing here is 2.28.  Anything below that is a buy especially given the anticipated near term news coming down the pipe.  Bombardier already surprised during Q3 and I'm expecting the same for Q4.  Expect a series of a few rejections in the 2.50 range unless the news is blockbuster in nature.  This stock is going to $3 however IMO it's going to take at least a couple months.  Cheers
Bullboard Posts