RE:RE:RE:RE:SelloffWell said Bicente! I am sure majority longs are still way up from their initial capital although this short term dip.. I am sure most long are not selling any of their stocks at this moment, mostly shorts playing games between themselves at this moment.. Longs didn’t loose a penny if didn’t sell any.. this stock is going to bounce back to new 52 weeks High again soon.,Only a fool would urge on that.,
bicente wrote: Spike55 , I only repeated what you said ... you are allowed to do whatever you please and shorting a stock is included... I know a few who shorted stocks and the only reason they chose that strategy was because they were broke , they chose the easy way out and got burned badly after the 2008 crash... they didn't believe in the quick comeback and got caught holding the bag .... I hopersonally you have better luck but tell me this .... if a person shorted at $5.20 when should they have bought back ??? 5.00 ? ...4.90? ... 4.80 ? ... 4.70 ? ... 4.65 ? ... do you see what I am getting at ? ...shorting is a tricky game and most get burned eventually ...I do not know any successful shorter and I know alot of people ...liars don 't count as successful traders...glta
spike55 wrote: biicente.....Who said thats the only reason I shorted the stock....It just goes to show you what kind of company Bombardier is, they don,t have any quality control...A streetcar thats costs hundreds of thousands should be 100% every-time before it leaves the factory floor...Some streetcars are already falling apart.
Is this Bombariers plan to become profitable by cutting corners, this type of strategy will only work for a couple of quarters.
This company has a bad business plan, based on Government bailouts...Sometimes a company is so contaminated it can,t be turned-around.
If the longs on this board choose to ignore all the negative available news, Go ahead..This company made a fatal mistake with the Cseries and now they don,t have enough money to invest and compete with what is left.....Its part of business..you can put any captain on the titanic once it hit the iceberg and its too late.
There is something fundamentally wrong with Bomber and it can,t be fixed...Its a money pit for the Quebec government!!!!
Too much money going to sevice debt....They are on a death spiral...Its too late...Once they have to raise more money it will become obvious