A FEW MORE COMMENTS1) Bombardier's debt repayment, in both size and pace, is now exceptional imho. For a company that muddled in what could only be considered financial Hell for years, I think it's almost shocking that they've ultimately landed on their feet and are now doing so well. The Bombardier story is certainly one of the more twisty stories out there, and I have no doubt that there is also some legacy resistance by some investors who may have been disappointed before. But there, at the crossroads of current absolute positives for the company and that legacy hesitation by investors, lays the opportunity. The market, while having a memory, has a short memory. Greed and opportunity take care of that, every time, and investor enthusiasm will return. Personally, I think we're at that point now were we will begin to see this. Everyone loves a good come-back story.
2) There's been a lot of chatter about the reverse split. People will say that historically, reverse splits do not go well, but I think that posture is somewhat untrue. Most times, it is companies that are in trouble that do a reverse split. So the split happens, but the fact is, the given company remains in trouble. People blame the split, but the reality is that it is really just a company that was failing anyway. In that light, the split was not the problem. It was the company and their problems all along.
Less common are reverse splits of companies that are in good shape. These are most often companies that screwed up at some point, but have now reinvented themselves and are doing well. Bombardier is an excellent case in point. By doing the R/S, they reduce a bloated float, and price their stock in a range that can attract institutional investors who may have otherwise been shackled by their own restrctions on price point.
My point here is this. The thouht that r/s is catagorically bad is bunk. The share price will move on the fortunes of the company, within the broader contex of the overall market forces in play. In this light, the R/S becomes essentially irrelevant. The company will do as the company will do, and the share price will move up or down accordingly.