RE:What is the right price of BBD today ! Hi dreamer ,
I'm still around and holding strong . I had to come out of retirement to help a friend in the construction business , Montreal is booming and he cannot find good help .
I was extremely disappointed with the bomber when they sold the trains division but it was a great move , they are well positioned to take full advantage of the rising demand for business/ private jets and all the service needed . Travelling in luxury and avoiding crowds will be in great demand as the covid issue ( +variants ) will linger for years . The bomber learned a great deal while growing the BRP company to great success , that knowledge and experience will be highlighted in the new Bomber , leaner and meaner with profits as a target. No more money-for-jobs , pie-in-the-sky govt bullcwap . The bomber is focused and determined to be a Canadian icon again , nothing can stop them now , not even a pandemic , that's a great place to be ... although I am flattered that you might believe that I am a good investor, I am far from it ... investing has turned into somewhat of a gamble and many company shares are wayyy overpriced , actually I believe the whole market is overpriced but I don't mind , just keep putting the stop-loss limits higher and a major correction can be avoided if it happens .... as I have said before ; my main investments are in real estate and the stock market is just a side thing I like to dabble in , I got real lucky in the 2008 correction so I'm well into the green in most of my acquisitions including the bomber ,. Please do your own due diligence before investing in any stocks ...I am glad to see that the bomber used their cash to pay down/ re-structure their debt and that is the reason why I will keep my shares ... many companies would have went belly up and screwed the shareholders ( Air Canada did it ) but the bomber will not go that route .I'm glad all the idiots claiming that the bomber was going BK are gone , it was getting very annoying .
The share price will rise but it will be harder than it should be , because the bomber still carries a bad reputation, that will change when the media starts advertising all the profits that the bomber and its shareholders are making ... Some big banks haven't been buying yet so the upswing will get a good boost when they decide to do so , once the retail buys in for the profits we should see $5 quite quickly in 1 year at least .Re-enlisting will help but the real boost will be the " fear of missing out " ... we are not there yet but it's coming ... GLTA
The Bumber is going to be enlisted again very soon. I predict a rise of 15C. I acould be wrong.
Some posters believe the price has already been in. How was that possible ! The news was only
problished a few days ago. Like many shareholders my average down price is still in the red zone
about 60 % down. Where is Biccente? He should give some comments about the future of The
Bumber. He is one of the smart investors about the stock market. Perhaps he has already
sold his shares? Let us wait untill the price go back to 4$ before selling. My guest it will take
about 1.5 years. Good luck to all the longs.
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