RE:RE:RE:RE:RE:RE:If there is nobody wanted to sell his stocks, I guarantee ..Hmmm, sounds like someone needs a snickers bar. Let's talk about yours. ;)
"One of the best on the TSX"?? Well as a matter of fact, yes. I have no problem say this. First of all, the return to date since the low of $18 bears this out. Now, if you got in a while ago, or are just trying to average down, or some disgruntled bagholder from the past, well, not my problem. But any of those things are just emotional compoents that are torquing your perspective. Understandable, and yes, I would have been disgruntled too. But you would be far better off analyzing what mistakes were made drew you in in the first place, and why those mistakes weren't corrected in a timely manner. Ruthless commentary from me? Absolutely, and nothing less.
The stock also fits this category for future potential. A stock that has clearly turned a massive corner, Institutions only recently able to purchase, and general investor sentiment that has a long way to improve? Perfect in my books. ALL of these scenarios lead to shares being bought and taken off the table, and that's exactly what we're seeing right now. That this has a long way to go, which also means taking shares off the table will continue for a long time to come, is also perfect. Sign me up for a stock like that any day. Greed and opportunity are an extremely potent and powerful mix in the market, and Bombardier now has that in spades. What we've seen so far is only the early adopters. When the masses come in, in this case both retail AND Institutional, and they ALWAYS do in that potent mix, the real fun will begin.
And a stock that is also looking to be essentially recession proof? Hell, in these days that is golden.
Now, Mr. Snickers, tell me another stock out there that fits into all these categories just the same, and I'll be alllll over that one too. But the reality is, you would be very hard pressed to name one. And I don't mean "kinda fits". I'm talking balls to the wall fits.
"But it's still a show me the money". Of course it is. But the real money to be made is anticipating the market move, or at least being at the front of the move, all against the backdrop of reasonable risk/reward analysis of the trade or investment. As far as I'm concerned, Bombardier DID "show me the money" in the last quarter. There is no reason to anticipate that that won't continue.
Look, I don't mind crusty. I can be crusty myself at times. But to say "Price forecast is interesting but it's for new investors with no experience" is pure misguided b.s. The entire market is based on price forecast, and if you want to wait until reality is spelled out to you fully in some quarterly, a backwards looking effort, well, go ahead and enjoy pint-sized returns. At that point might as well just go buy an Index ETF. Oh, wait, that's a purchase based on price forecast too. Damn!
Hmmm, crusty enough for you yet?
If you truly have been around the market, you know better and should voice better. Those who develop prudent price forecast within a reasonable backdrop analysis of risk/reward, always subject to change as new information comes to light, are the people who really make money around here. Count me FULLY as someone who aspires to be one of them, each and every day.
BePatient4now wrote:
Form, come on man, you should know better than that. Price forecast is interesting but it's for new investors with no experience. I like to look at them but I never make a move based on what they say unless I know the analysis background. Bbd is doing fine now, don't worry about IT, but saying that this stock is one of the best on the tsx like some claims to say, shows a lack of knowledge. Do your own DD seriously and you will figure out why! There are thousands of stocks everywhere out there, and believe me, BBD is by far not one of the best performers. If it was, we would be already over 2.00 pre-rs and institutions and MMS would be fighting to get there shares cause they know better then us. As you can see we are far from there and there are reasons for that. I'm bullish but not a fool. With the experience I've achieved over the years and by working with a great team I've learned to be reasonable and realistic with a stock. Let's be honest and clear. BBD makes the best jets in the world. It has turned the corner. EM is doing a fantastic job. Inflation won't hit BBD but it's still a show me the money. Go Bomber Go as it's been said for years now! Cheers