RE:Intend to hold for two yearsHey Snow.
As you can deduce by the discussions we're having. Even the $200 range,
could undervalue the company's share price. That's not the point though when it comes to selling your shares. The selling of the shares is due to NEED for various reasons. When someone wants to sell for cash, for diversification, for fear of share price deterioration. Sometimes even change of Management which you suggested. I for one will try to sell the least amount of shares when the time comes. Likely, I'd also try to get my whole investment out. Then the rest will ride for the "opportunity loss" and cost of money over time that I was into this stock. As for Bay Street or Ontario or even US investors? They can do what they want. Everyone operates on their own timetable. Cheers
Snowey wrote: Some excellent discussion (BBDB859, Tempo1, Letsmake, ChrisM) on Bombardier’s worth and how high stock price could go. Thanks to all.
Here is how I feel – BBD will reach $140 to $200. It may take 2 years to reach $200. Could be higher. Could be sooner. These targets are guesses – probabilities and possibilities. So, I intend to hold for another two years.
But I will be watching to protect against major drop – if this happens, I’m selling:
Senior managers quit. No senior managers buying stock.
Sell when all the troubles are over. When the people in Ontario aren’t embarrassed to admit they own shares. (I got this one from back and forth with Flamingogold).
Will be watching for (the fundamentals): Demand for products is slowing down – sales – backlog – debt starting to increase etc.
Good luck to all
Snowey