RE:RE:RE:Bombardier Bellemarre salary!Hi 145,
Hope you are well and staying healthy.
What do I think about all this nonsense at Bombardier?
My bet with Bombardier worked. I had an average of $2.10 and the shares rose to around $5.50, all I wanted was to double my money. The rest is history, I got caught in the story, and stayed until they nearly tripled at $5.50 or so. Then they started their wild ride down.....I almost sold everything at $4.80. The key word is.....ALMOST. I ended up selling almost everything at $1.80, taking a loss on my initial investment but more importantly, leaving a fortune on the table.Hindsight is 20/20, I know. Buying is easy......selling is the most difficult part of this game. I have a friend who bought TVIX.......the thing rose from $38 to $1,000 in 3 weeks last month....and my friend did not sell of course.......now it's sitting at $149......can you imagine the incredible opportunity he had and how much money he left on the table. He also got caught up trying it would go even higher.....again.....selling is the most difficult. As far as Bombardier, it's very disapointing....it's not even a shadow of what it used to be. The CSeries is an incredible aircraft but Bombardier had to give it away. Very disapointed in Bellemare but still trying to figure out if he saved Bombardier from bankruptcy or if he was just a good talker but bad manager.......maybe both. Bombardier is no longer an interesting company as far as I'm concerned. I feel for all who have lost money or left a lot of money on the table with Bombardier.
I wish you all the best!
Northern Lights
bbdbinvestor145 wrote: Hey Northern.
Sorry I didn't respond to you a while back there.
I was just in shock of the cashburn at that time. So you slipped through the cracks. These guys, Bellemare or not are a spending machine. They use $500 mill in 1 quarter without blinking an eye. Where is this money going? I'll never know. The funny part is that they don't fix anything either nor do they solve their problems. What's your thought of all this nonesense going on in this outfit?
Cheers
145 NothernLights wrote: Johnney.....with such wealth destruction, there is only one way of describing Bellemare's earning while at Bombardier......obscene! Simply obscene!
johnney wrote: How many of you outhere,especially clubhouse 19, thinks that Bellemarre deserverd overall, i'm saying overall of $86M dollars for 5 years! Do some here still thinks that there is nothing wrong of selling stock options, bonus, while they we,re on full restructuring! Imagine you're fired, and you get paid $10M plus over 4.5 M for the BT sold to alstom! What kind of company is this anyway! But this has been accepted by the Family! Someone here, tell me who deserves such wages to get at $0.45today! What the h** of the goal did they reached anyway, to be overpaid! i do really understand some of the the long shareholders bbdbinvestor145, shamorish, so do i! In the last 25years, never i saw i thing rotten like this before, and in my own province and held by members of quebec running the company! No matter why it staggs there! Overpaid to bring it to a mess! Shame to the whole board! The beaudoins family approuved all this, to screw all the shareholders long here! I,m not negative, just saying the truth, that all of us here are witnesses of this!