RE:RE:RE:RE:RE:They finally did it.Canadian speculative stock ..... That says it all it was a blue chip decades ago they've stripped out every valuable asset and this is just garbage waiting for bankruptcy. It's Nortel 101
Bottoms wrote: Agreed. Family's ability to own more doesn't change with the RS. The RS split has been announced for some time. I don't understand why people are shocked now. Future dilution is possible but still a speculation today. The stock has been beat down like many other Canadian speculative stocks. Bbd does not stand alone on this beat down at all. I blame macro rather than micro on this beat down. Unfortunately, the world economy and supply chain issues are not about to get rosy. The union issues are a cloud over our heads. This can cost the Bomber significantly as the labour cost is high and the expected increases in this economy are higher than usual. All that being said, I think this company is still on its way to profitability and has a brighter future ahead. However, the increased inflation and supply chain issues are likely to slow the path to blue skies. So this may be dead money / keep grinding down for a while or it can double in a week if / when the inflation and global supply chain issues start to resolve. This is not a risk free no brainer. Huge potential but significant risk too. Know what your putting/keeping your money in and make sure you can live with extended timelines if need be. GLTA