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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 gobomberon Nov 21, 2018 2:11pm
69 Views
Post# 29005980

RE:RE:Aggregate short interest

RE:RE:Aggregate short interestClub,

I agree with your point. However, some on this board often make comments that there is no such thing as manipulation.

This being said, I do not mind shorters as I changed my investment strategy with Bombardier. I am not long anymore, riding all the wavews up or down.

Obviously shorters have a very negative impact on the value of the stock and sometime push the price down to ridiculously low level as it was the case recently.

I look at this as opportunities to buy low and sell high. This is what I tried to do after Q2 results when I sold all of my position ant $5+ with the clear intent of buying back all of my former position plus more with the profit generated.

However, I admit that I screwed up real bad by buying back way too early. Yes I now have way more shares than before but the net value of my position is well down. Honestly, I was anticipating a good drop in the SP but certainly not from above $5 down to well below $2.

I guess this is a good lesson learned for me.
Bullboard Posts