my take on the future of Bomber i sold 275 K shares of my position in the last few days averaging 1.72 and made a profit . Stiil keeping around 500 K shares .Reasons are the following :
A) i have lost confidence in Bellemare , i am tired of over promissing and under deliveries .
B) i dont think the stock will move much for the next year . We have to wait until the selling of BT is accepted and done .
C) i think that now the market will mouve up AFTER te results are posted and nor before .
D) we will then be talking about a very different company vulnerable to the ups and downs of the economy and even if they have a hedge now in bussiness jets it will not last
E) there is a notable possibility that the family will take private in a few years .
My suggestion : sell a part now in the following months , keep the rest for 2021 but in my book it is not anymore a long term investment . SD