RE:Job numbers
stockitnow wrote: Yesterday market was down on news of strong then expected private payroll numbers. Bombardier was up.
Today market future is up on report that employment was only slightly stronger and wage gains were less than expected.
Bombardier might be down today because of the employment numbers and some profit taken from yesterday's new high.
But then again Bombardier is on a roll so we might see a dip on open and green at end of day. Either way good 1st week of the year for Bombardier.
that's the thing with the markets , you just never know ... I've had many a discussion with Caisse employees about the bomber and most pointed to a big hurdle that might not be overcome , the debt .It looks like they are coming around , their target of mangeable net debt was around $1.5 B and they wouldn't touch the stock before then .Things have changed since then ( reverse split) and I believe they might speed up their purchases , but it all lies on the futur forecasts ... it's a good time to be holding shares ...GLTA