RE:Predictionsflyman1 wrote: November 8th. My prediction is somewhere between 3.15 and 3.40.
October is often a very bad month for stocks......and it certainly has been this year. Macroeconomics are affecting the markets at this point. Let's be clear, as far as most of us know, there hasn't been any significant material changes in Bombardier since the stock was at over $5.00, when fear grips the markets, people either sell, re-allocate, or do nothing, and stocks like Bombardier who are viewed as " speculative " get punished more because investors shun away from risks. The good thing is, despite their debt, Bombardier is doing rather well, and it still is in the midstof a successful turnaround. And that is positive. The other good thing is that december is very often a friendly month for the stock markets. Let's hope it is this year!
Good luck to all!