RE:RE:RE:RE:RE:RE:RE:RE:RE:Guy's, what will we hit first???Good question
Risk vs Reward : at 50 cents (or even 30 cents for those you bought at those levels), the potential reward was huge and SP was heavily depressed
So the risk was important but the reward was there : 100% return if SP was going to return to 1$.
Today, we are now sitting at 1.90$. Bombardier got more contracts and it seems that they might turn the ship around. It might if you believe 100% what they said during last reports (see projected EBITDA 2025).
Today, for the same 100% return, you need the SP to reach 3.80$.
It's possible and I'm not saying that we won't get there one day.
What I'm saying is that I have some doubts and I want them to show me that they can deliver before investing in the company and not just speculating as I did up to a few weeks/months ago
So no regrets whatsoever but I would be very happy to scoop shares on sale. I think that today the stock is fairly priced vs a little bit overpriced.
stockitnow wrote: So what you are saying is that you bought at way below at low price when bombardier was in more financial difficulties and uncertainty then now, but now you have sold at higher price and made so much that you have to pay 350k in capital. And bombardier is still heavily in debt. So you bought when bombardier was in more trouble then now, but since you sold and are out you are saying it still is heavily in debt. But sp is high which reflects better standings now no? Also you dont hold any shares but are here posting about how much you made. Since you sold I am assuming you are not buying and think the sp wont go higher. So what reason brings you to post here? Are you suggesting to others to sell as well? Are you hoping for sp to go down so you can buy again? Do you have regrets of selling and there is potential for sp to go up more?
Alexcanada wrote: Oh and I forgot : this money invested in BBD was play money for me
Bombardier is a still a heavily indebted company selling a very niche product
no problem there in itself but I would never ever consider it a core holding for me
Now you are on my ignore list