BBDB859 wrote: That's exactly why, I don't listen to people that always come to this Board promoting GLOOM & DOOM. Because this company is doing great right now. There are 2 people in particular recently that have been promoting the Investors sell their shares, and get out of this company. I don't recomend that you sell, unless you know for sure that you can buy back cheaper in a month or 2. If you buy back too quickly, you'll be branded as a trader, by the CRA, and you won't get the tax benefit. If you know what you are doing then sell. But if you sell, and buy back higher, then you've been fooled by these promoters, by you selling your shares.
The fact is that these doom & gloom traders have no idea that the shares are going down, to where they predict, and can't give you a guarantee, that what they are saying will happen. Because they don't control the SP. All they want to do is steal your shares the next trading week. Even if they had inside information on the share price going down, then all that this says is that they are connected with the MM's, and Shorters, and they want your real shares to have instead of trade to eachother with naked/fake shares.
You chose.
I'm very wary of people, or posters on this board, coming here, and telling me, to sell my shares, with their Doom & Gloom ideas, and that has been happening on this board recently, in this last little while. In fact I've noticed that these doom & gloom traders have ramped up their campaign in the last 3 to 4 weeks just in time of all the shorting that's going on right now. So you figure it out.
The fact is that this company is on an uptrend and the future of this BJ division looks great, and you can't go wrong with adding cheaper shares, and even play their swing game with them. And of course you can get cheap shares at the lowest Price possible, and sell them later when at a higher price. I personally can never time that, and I've already got more than the shares I need of this company. GL to you if you can play this game.
Acuras1 wrote: Some of you make a reasonable argument about many institutional MM not having trust in Bombardier. Previous management, boardroom & family arrogance and at times, delusions.
Today I see a much different, more humble and prudent company. It's not like the company had any choice in figuring this simple stuff out. And, like all deep value plays, there remains risks left to deal with.
However most of the underlying weaknesses and previous devils have now gone or been eliminated. Martel is experienced and well respected. The company has certainly prooved its engineering capabilities.
Bombardier today may be a one trick pony with it's remaining private jet business. However,
this pony (private jets) has always been a profitable division. Now growing its service business with 5,000 jets out there along with an excellent reputation will allow the company to eventually regain its footing.
Frankly, I don't care about money managers' imputs as they'll just pay more for the shares later:)
GLTA