Capital structure and valuation - thoughts..................Walter Spracklin at RBC today reporting very recent investor (retail) meetings, "management was very clear about adressing Q3 report comments specifically to future debt raises/refinancing, not new equity issueance". Further dilution is last thing anybody wants now!
On another note, these big "firms" have recently been accumulating large positions. they have to do "some due diligence" when they are recommending a risky stock like this one (at least perceived). I suspect this stock is about to become more broadly owned:)
Spracklin has followed Bombardier through thick and thin and the trading floor make a fortune trading minute spreads on millions of shares all day long (through various trading channels at their disposal).
The good news is this noise is re-inforcing the underlying reality the company might actually be turning itself around? Just imagine for a minute this was a brand new company without family and management history, new and fresh off the street, many would see Bombardier as genius:)
GLTA