RE:RE:Mostly retail investors
stockitnow wrote: Forgot to mention that R/S stock price is also giving false indication. We are down 55 cents pre R/S and sitting at 2.29. Before the massive debt and all the drain from c series, dehaviland, Learjet and rail division Bombardier was around 6$ pre R/S that's about 150$. We are at 57.37$ thats at 38% from the high when Bombardier was a real mess.
None of the improvements in Bombardiers revenue and debt reduction has equated to higher SP. Why because, bbd shares are traded amongst retailers. When market has hiccups, then most retailers panic and get out. When dust settles then they come back in. This will continue until Bombardier slowly pays most of its debt off and begin to give dividends. Dividends will bring sp stability but thats far away.
I would correct you if I may ..the bomber is held by traders much more than retail right now ...yes there are longs ( some still in the red ) but the new buyers just aren't there and that includes long term institutions ..that is why I have referred to dividends so often ..as you said , it would entice long term buying across the board ...it will come ...GLTA