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Bombardier Inc. T.BBD.PR.B


Primary Symbol: T.BBD.A Alternate Symbol(s):  BDRPF | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Comment by Nordicoon Nov 14, 2024 1:06pm
175 Views
Post# 36313086

RE:Selloff should end around $85

RE:Selloff should end around $85I would be shocked if they can push it down another $6 - it's already very overdone (over $22 off the October intraday high is crazy) and must be meeting considerable resistance around $91. Not to mention Bomber I expect from here on may be adding 20-40k shares to the bidding side daily (7.5 to 12.5% of the daily average volume), and they could potentially ramp this up to 75k max. Coming into November they still had over 1.5 million shares that can be purchased on the buyback plan ending April '25.

flamingogold wrote: If the uptrend is to continue with higher highs and higher lows, then we should bottom around mid $80's s. Of course, there could be a little over shoot. Below $80 spells a lot panic and doom and gloom. All unwarranted of course. Tariffs hit the middle class and lower folks. Not billionaires.

Q4 will be strong and should see buying return end of December and onwards.



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