RE:RE:RE:Well...I Learned an Important Lesson...AgainHey Skypit, unfortunately the stock market plays on emotions in the short term and logic over the long term. The market expected a big CRJ order which didn't happen during the air show. People are also awaiting a Boeing/Bombardier ruling on July 11th (I may have the date wrong). So people bought the stock up and is now selling it back down. When one competitor wins another loses. Over the long run the improving financials and orders over time will send the stock over $5. If Bombardier gets a favourable ruling in July the stock will pop to a new high. Otherwise it'll drop another 10% or so. I sold about 40% of my holdings over the past week during the air show run up but only because I was heavy on Bombardier shares and the short term risk was high. I'll buy back some just before July 11th and some just after. The long term prospects are good. Just my 2 cents.
skyplt wrote: Appreciate your insight bicente...this blog should be a place where investors can discuss and even disagree, respectfully. I am confounded by BBD's stock price decline this week. I get the post airshow dip...but announcing those Q400s was huge. This keeps a proven airframe on the assembly line giving the company cash flow. WRT CSeries, no doubt there needs to be some improvement to the build times. Which is happening. When that next order announcement hits the street I intend to be an owner of BBD shares. I am not disappointed in BBD, just confused by the direction of the stock price.