RE:RE:RE:RE:RE:RE:RE:Debt reduction attracts institutional buying Having given the 2 splits I've discussed bellow some more thought. I would prefer the split happening at $120. I think that we'll hit $120 price range quicker than people imagine. Possibly in the early part of 2024 or mid 2024. Guessing here of course.
I think that splitting in 2024, at ($120) will be a good time, since it is way before the 2025 time frame, of their 5 year plan, and the stock will still be in the upward trajectory. When the split takes the SP to $40, people will still view it as cheap, since the 5 year plan hasn't even been completed yet. So the safety of the 5 year plan will get people into the $40 share price. This is JMHO of course. I think that the $40 share price is a psychological price point for Investors/Traders/Tutes etc. Who doesn't have $40 for one share? Plus they'll have
that thought of, the SP climbing up to $120 (3X), again very quickly in 2025, when the 5 year plan is complete, which
isn't that far off.
BBDB859 wrote: I'm with you on the split. I thing the split will happen. Though I don't want to wait for $200. I think that if we hit $120 than split it for 3 to 1, or if we hit $160 then split it to 4 for for 1. Either way, I want the SP close to $40 when it splits.
bicente wrote:
stockitnow wrote: Its only matter of time when we see this stock at that price. All the positvr attention Bombardier is getting will attract more buyer.
Breaking 52 weeks high in few days and weeks also gets more buyers.
Form001 wrote: You can post it everyday till 200.00 US
I believe there will be a share price split before it gets to $200 ... I forsee a small dividend also , this stock will be in every mutual fund and every portfolio mangers' want list ... GLTA