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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
Comment by flightpath5on Jun 27, 2018 4:58pm
122 Views
Post# 28240286

RE:Heads up on us stock bomber

RE:Heads up on us stock bomberBDRBF (USA OTC symbol) is actually shares of BBD.B, priced almost always at the TSX price with the current exchange rate applied.  Rarely, it will deviate by a penny or two temporarily if a large enough sell or buy takes place.

People who buy the over the counter share BDRBF in USD and who then sell it for USD make more money if CAD is stronger when they sell. This is a good reason for US and EU citizens to buy now as CAD is weak and in 2-3 years it might strengthen. When the CAD gets 15% stronger, the USD price of BDRBF rises by 15%.

This cannot work for Canadians who start with CAD and want CAD back when they sell, they will only lose the exchange fee twice, once when they buy and once when they sell.
Bullboard Posts