RE:$4.60 floorRegarddless if it is $4.60 or $4.50 does not bother me much. But I need to see a firm floor before I do the bulk of my buying back
There is no doubt in my mind that this stock will climb back to $5.+ in the coming months and even more if we are to believe all analysts. Still no one wants to buy a bunch of shares and be in the red for months as we never know what could happen to push the SP further down.
After 18 years with Bombardier I learned a thing or two about this stock. Hence, I like to have a positive buffer to absorb some losses without my complete Bombardier portfolio going into the red.