Bombardier Inc. T.BBD.B

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

Industrials Aerospace & Defense

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

Bombardier Inc. > Now we need volumes to rise!

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Comment by Nordicoon Nov 20, 2024 3:29pm

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Post# 36322397

RE:RE:RE:Now we need volumes to rise!

The institutional short-covering continues. Now the question is, what will they run it up to before Q4 ER in early Feb?

Nordico wrote: Sure is feeling like the latest short attack bottomed around $90 and the slow covering (to be followed by more substantial covering) is underway. A few more days of sideways trading would be beneficial to Bomber as they're no doubt doing heavy buybacks here.

Nordico wrote: Yes we may very well have bottomed and entered the sideways trading phase that lasts for a few days, that we've seen with the past couple short takedowns of the stock. Hopefully the move upward starts within a week or so.
llesage wrote: If we can get the volumes to rise now, the shorts will have a hard time keeping up. May be wishful thinking but we've seen what happened in the past.
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