RE:RE:RE:RE:RE:RE:RE:RE:Please ReadGood morning Serge,
You were always very positive about Bombardier......I was as well, but my opinion changed in the fall of 2018......how could they miss by so much on their " free Cash flow ".....how could it be a surprise for them. I was a supporter of Alain Bellemeare......but not anymore.....in fact he needs to go. He is a good talker. But not a good doer. that's my opinion.
Serge, I think, that for the first time, you see things as they really are. Let's face hit......They have a MASSIVE debt, they're not making any profits.......but the people at the top are making HUGE money! They are selling any assets they can because.......they've painted themselves into a corner. It's basically a survival exercise of damage control. Not sure it will end well!
Northern
1sergedompierre wrote: Good morning Johnney ....yes unfortunatly this is what i think based on those following FACTS :
1) the market has lost confidence in the management of Bomber .
2) The have beleive Bellemare for many years even when by 3 times he did reach his own predictions
3) the momentum is gone for that stock and the actual timing of the economy is not as good as the last few years .
4) now everybody will want to see the results before moving toward buying that stock . Before they were moving up on the news and words of Bellemare .Which mean more time will be needed before we see the stock moving up AFTER the results are there not BEFORE .
5) It is a perfect set up for the stock manipulator and shorts to continue and even reinforce -putting more money -at controlling the low price of SP
6) yes we have cash left and we will receive more soon -we are good for another year -but the MARGIN for success now is very narrow , next mistake may be well the last one
7) February 13 and the next 6 months -not years -will seal Bomber's future .
8) on this board there are a lot of dreamers with STILL high expectations ..a reallity check may be just around the corner .
9) i still beleive something good can happen -last chance - but i doubt SP will ever go as high as i taugh -$ 10 -and i am not ever sure we will get back to the last high of 2 years ago -over $ 5 -
10) my important investment 5 years ago in that stock has been a deception and i am getting tired of the same mistakes of over estimate and under performing .That is not the way a company need to be run in the search of success . SD