clubhouse19 wrote: 859
I sat still today except for putting in an order for 57 that never got filled hoping to replace what I sold yesterday.
You just can't equate the performance of the company with what is going on in the market with regards to this abusive shorting and manipulation.
One is the casino operation (cdn market) while the other is the business operation ( the company). I don't have to or want to badmouth or bash the company nor pump it to no end relevant to my positions.
I was certainly more skeptical about the company a while back but they have shown me that they are dealing with the debt faster than I would have thought
The only thing I am not sure about is how or where , when they deleverage enough, will they invest in growth and from where that growth will come.
Solely business jets is not where, IMO, real growth will come from at least in the long term but it will most likely get them out of the debt they have now.
Will have to see how successful they are within the defense business or wherever else they may go.
I am sure martel is just not thinking of Business jets ..
Maybe some guidance will come out of the investment conference.
BBDB859 wrote: Hey Guys.
Today is the perfect example as to why I want to see more Trades by these MM's before I jump into the swing trade scene.
They started at $70.00 in Feb. (as per Club). Then in a week in mid February, droped it down to $55.00. Then they took it back up to $70.99 after the drop. This and last week for no apparant reason, they started to drop it from $70.99 to $57.00 today.
So. Before I do any trading with this stock, whether swing trade, or short term trade. I want to see that the Bomber is at least out of the woods of the FIRST HALF of 2023, and then I know that the Company can't go wrong with the LTD trend, the Revenue trend, the FCF/EBITDA trend, the Backlog, and a few other Financial Metrics & Market trends I've been following, before I actually JUMP IN to the short term trade game.
Because I've made a decision that, I won't average down anymore, or put another dollar into this company's shares. This stock for me is now a SURE BET stock with it's trend. It gets none of my money, than it already has of course, until I know for sure that the MM's aren't going to Fk with this stock for any of it's Financial/LTD/Backlog metrics. If they play this game of Fluctuating the stock by $15.00 a share, at the end of 2023, when I know more about why/what/when/where the company's Financial position is. Then I know how I'm going to play their game. In this period from now, till the end of Q2/23, I will also learn a bit more about the MM's game as well. Until then, I'm NOT Investing another dollar into their game. Because I've got no time for these Day Trader games. As I said a while ago. I'm not a day trader, shorter, & I don't want to throw away good money after bad. This game of up and down, by these MM's, and Market speculation doesn't appeal to me. as I have better things to do, than have my money being under the control of others. The thing for me now is, more of a timing thing. So I won't be trapped behind the computer nor telephone screen, with this Casino. I'm one of those guys, that walks into a Casino with a couple of thousand bucks and play Holdem & usualy win, or have fun. But when the Poker game is crooked, I'm out the door. This Market or Casino is just too pricy for me. I have better things to do with my time & especially my money. I want to see stability here first.