Currently @ -$0.05Huge swing this morning. But after 18 years with Bombardier, I am used to these large swings.
However, something I have noticed over these years is that the Bombardier stock quite often drops substantially before most major events ot news, even when are likely positive.
I know that makes little sense but this is the way it is with this stock. Why would someone sells and the SP drops when everyone knows that the JV annoucement is imminent and large orders are expected at Farnborough.
I know some are taking some profits after the last run but why now when it could go up substantially in the not so distant future.To sell now with the hope of buying back cheaper is not worth the risk in my book as one might miss the boat.