RE:RE:RE:RE:RE:THE PERFECT STORM FOR BUYINGStar
I hear you...
We are just about 1/2 way through the 5 yr turn around plan and little concrete evidence that the institutions are on board and the sp price has enough catching up to do just to get back to pre-split price area,
IMO too many variables in the short term not to take profits as it moves up and from past experience. not because PTS. IMO, it is only prudent to move as such even if you do leave some on the table depending which way you manage your position. As the stock moves up, I think there is nothing wrong in adding higher consdiering it does have a ways to go.
To each his own I guess.
Starsearcher80 wrote: Club, respectfully i think you're off the mark here. I get that there may be a little previous stock ptsd here... totally understandable. But that in fact is what has created the current opportunity, and the task now is to think clearly going forward without the past legacy torquing thinking. It is a vastly different worldfor Bombardier now. There are two components to the quarter... First, what took place in the quarter, and secondly, future guidance. It's the future guidance that is going to be important here, and by all accounts, future guidance looks very bright on any number of fronts. This is a significant change i think. Remember too that the market is always a forward looking instrument, typically looking forward 4-6 months and building that into the current price. With this in mind, that the stock is starting to move up is really not that surprising. Imho, there is a much more significant rise to come.
clubhouse19 wrote: I am likey more skeptical as this as I previously mentioned the last qtr is looking like a carbon copy prior to release of last report report.
Another setup for a short attack ?
Some profit taking here IMO is certainly justified.
Starsearcher80 wrote: I would be patient here. As far as I'm concerned the stock is now set for a significant move up, on both a fundamental assessment and technical assessment. While it might be tempting to take some profit, being even just a little patient here will see far superior gains to today's move.
vonSachsenanhal wrote: Star, Agree with everything you say here. We're ready for a long-overdue, huge move up. The day before the reverse split bbd.b was trading at the equivalent of $28+. There was no reason to lop ten bucks off that price. Just short sellers playing with the irrational fears of investors after the 25:1 consolidation.