RE:RE:RE:RE:RE:Reverse splits.....Hey Club. I just have this knack, for giving people the benefit of the doubt, especially when they're new posters. It doesn't take too long for them to hang themselves, with the slack of rope that I give them. Given the picture that you just painted on the situation. I now see your point. There is no end to some of these idiots. Stupidity has no bounds. The disease is sadly everywhere.
clubhouse19 wrote: 859
With respect
Why would you feel obliged to answer such a truly bashing post equjating it to nortel ??
How clueless does he seem when he states that CIBC would be shorting this thus going against their institutional investors. That, of course, is that they have commitment from institutional investors as a prerequiisite for a reverse split. If they do not have that in the plan or other compelling reason, I for sure would sell all before the reverse split takes effect.
BBDB859 wrote: No disrespect there Zapoid.
But where do you see Bankruptcy? Interest on LTD is heading down. FCF & thus +FCF is increasing dramatically, in just 1 year of the Pure Play. Those division that you're refering to needed to go, they were dragging the company down with losses. The only thing I see, is that you're projecting the New Bombardier with the old one. Why don't you at least sit quitely here on the Nortel Bankruptcy for this year? Then you'll figure things out on the financial from. You seem to about shorting. So this could explain your post. Do you short with CIBC?
Zaphod wrote: A reverse split will increase shorting as brokerage houses such as CIBC don't short this penny stock junk but once it goes above $10 they will begin shorting
if you reverse the stock up to $15 it be be shorted right down to 1.50.
Looks like bombardier is on a deathroll. Seadoos trains and commercial jets all gone. Turboprops gone
nothing left but the challengers.. reeks of Nortel just reeks
Shamhorish wrote: BBD DOES NOT NEED REVERSE SPLIT TO SURVIVE or manage short selling
in any case, most reverse split has turned sour and sh p declined again
GOOD financial, FCF, PAYING debt, WILL BRING SH P. UP
but, SHORT SELLERS WILL ALWAYS BE THERE
yes, bbd sh price is controlled now as it was controlled in the past
they broght sh to les than a dollar nd kept it there
but good results brought sh. p up to 2.27,
they brought it down to 1.30 but could not hold it there for long
with good results, it will climb again and with each gain, will be followed by a drop
but the drop will always be higher than previouse drop as long as results are good
the trend is up. no worry