RE:RE:RE:Without regrets, this fall, after 30 years on BBD.bHey Birth.
What Tempo is trying to tell you is that if you were in the new Bombardier from 2020 on, you could have even got a beter return than 700% for the bomber shares you purchased in 2020.
Just do the math. You could have bought at $.30 cents (2020) X 25 (split) = $7.50. If you count that it hit $75 in 2022, then it's a 10 fold. That's 10 times your investment.
Now I understand that everyone here including myself had to average down just to get to your $2.28, but that's an averaging down number.
Regardless, I understand your frustration, we are all frustrated with the Shorting. What Temp is trying to tell you that is this company is changing, and since 2020 it has changed totally. Now they are profitable, and if anyone wants to get in they have to pay a good price for the shares, because of the revesrse split. Even at these prices the shares are undervalued. The reason that shorting is so visible here in Canada is that the Canadian market isn't as active as the US markets, and so shorting isn't that visible in the US. But that doesn't mean that the Bomber shares aren't worth the price nor that it isn't a good company right NOW. In fact I would argue that the Bomber is a stellar company right now, and that people will flock in when the fundementals will fall in place. I give it another year to 2, and this stock will be double what the analysts are saying right now. So the shares you kept will be worth 4 times what they're worth now even after the split. Patience.
Just saying that everything is relative, when you are counting opportunity loss. You could have even done worse with the other company you bought too. You just got lucky. So this Casino (Bicente) is hard to predict. One thing is for sure though. The new Business Jet company created in 2020 is fantastic. It'll just take time to justify the years of holding the old company and the new price. There is always the opportunity loss of buying others stocks at anytime, but even there, you could have just as easily lost money in those stock investments too. So enjoy the ride and stay positive.
naissance wrote: That mean...I am long, Don't forget the reverse split so $57.divised by 25= $2.28... Oh! what a great return it is !
I sold 1K but kept the balance of my shares...because we never known but...the past on the share price isn't glorious at all. Bombardier is not there for their shareholders...that's for sure !