A perfect storm made of...Macro and manipulation (imho)
If the stock in itself was so worthless, it wouldn't have dropped that steadily since last results, it would've sank much faster to these levels. (This is the manipulation part, however big or small its impact is)
Macro has quite a big impact on the whole market and Bombardier's debt level adds to it, it's still kind of a bogeyman.
No matter how anyone believe management or not, delivery flow isn't showing the promised rates so far. Never forget that the market is a put up or shut up kind of place... Bombardier has to deliver, no pun intended, because nervous nellies do not like this and manipulators see this as and early Christmas gift.
I believe this famous quote from the Sherlock Holmes character applies here: ' When you have eliminated the impossible, whatever remains, however improbable, must be the truth.' ... my take is that the stock is worth much more than what it is right now, as Q3 and Q4 will reveal. The only thing that could cause this 'aircraft to make a prolonged stop in the repair shop', if you will, is a big issue with the Pearson Plant... and I mean falling short by more than 15 deliveries on this year's target.
Again, just my humble opinion. What do you guys think, what's your take on the situation?
GLTAL