RE:RE:RE:RE:RE:BBD will go sideways for next few months…Looks like a glut of near new RU business jets to hit the market killing new damand for a while especially since 450 M Euros won't be flying over RU airspace for a few years. An extra 4000+ KM requires only the best jets that RUs have a majority of. Note also ALU will he choked off so huge jet price increase coming.
Luckyeleven wrote: Execuives will always tell you what you want to hear. There is more to this whole thing then the 6% in new plane sales and that should be pretty obvious watching the tape. The last few weeks BBD has been under perfoming the markets. The signals are there that BBD is on a downtrend and something is needed for a reversal. Saying that maybe an announcement of a new order could do that. We can't ignore the tape and just keep telling the same old tired story. Sure they have executed a turnaround and the stock peaked at 2.27 and today at 1.49 so that says a lot. Today says a lot when money comes into the market it's not going into BBD right now but on down days it's one of the first getting sold. I held on today thinking it would ounce hard with the maket and it didn't so yes that's dead money and an opportuniy lost. Seen this moring I could get 1.51 for it and move to something else and I didn't and the market took off and BBD closes at 1.49. So if the market goes deep in the red tomorrow chances are BBD goes down and now form a base of 1.49. At this point for me i am day to day and watching closely for any opportunity to move out of it when I see something i want trading lower than BBD on a given day like many energy names. I can't be the only one thinking this way or BBD wouldn't be trading like it is. Some will call it crying, moaning or whatever but it is what it is. Not bashing but telling it how i see it.