RE:$1.60? price is holding up nicely.. i dont feel to worried.at 2.14 you might ... just
might need to wait until next quarter to start having some real fun. Although, i don't think 2.18 or 2.22 is completely impossible.. but with the manipulation it will be difficult. If it goes that high, you are in business... start swinging on this bomber swing, baby! :)
anthony3 wrote: IM down $1,827.28 today's close...at $1.60 ill be down $6546.42 ..As for now it seems I have one of the best averages in this chat group at $2.14 with 12,123 shares, it seems most here have an average above $3 with maybe 2 other posters who have an average below $2,... I was one of them above 3 with tiny shares. I got lucky I guess.
I've actually started reading more of the comments and learned a lot about bbd as soon as I averaged down from $3.28 and bought $23,000 worth of shares..... I actually bought this because I wanted to get out sooner on the uptrend but now I'm considering holding this as a long term investment based on the fundamentals you guys provided, the only negative is the debt but I don't think that will be a problem long term as their other business ramps up and creates more cash flow after completing orders.
my conclusion is bbd has more positivity going for it than negative in the long term future... I remember when AC was in a similar position.
I'm looking at the quality of the planes they're building along with airbus and I'm looking at the stock price and I'm thinking wtf..even the TTC trains and streetcars amaze me.. I feel so proud to be riding in what I'm invested in!!, this isn't some start-up company like UR.to trying to sell satellite imaging and selling the backlog scam story to investors.. they actually have a demand and a need for their products and this is what makes a great business. They just need to deliver.
All we can do is wait and be patient probably even take a break from the day to day fluctuations because this is for the day traders..you are a long term investor... I'm sure by now they know what mistakes they've made in the past and what needs to be fixed, they cant continue making the same mistakes over expensive contracts that will cost them big$$ they slowed down production of the 5000 and 6000 to focus on the 7500.
Mr market won't reward bbd until it proves it can deliver...1.92 support for now until then this is a day/swing traders dream..