RE:HistoricRisk is coming off the table... bankruptcy has been avoided once again. I cannot stress how lucky BBD was to close with Airbus last Feb. before covid hit and shuttered the N.American economy. That was a shining light in all the darkness.
I will not be surprised though if we get some selling pressure around this point. The pennies may be revisited briefly again but this time it will be seen as a dip buying opportunity and not a hit the panic sell button moment.
Next quarter will be even more important than the last as it will be the first all business jet report and very telling about future prospects. So far, the market is signalling thumbs up
clubhouse19 wrote: Art least for now...
Out of penny status at least temporarily.
May have to buy and hold a little longer...my broker loves me. Already paid 28.00 in commission this AM on BBD alone but at least they are profitable trades...just can't get too greedy as this has all the eyes of a shorting burst...but the momentum has turned surely postive.