well said anchormanBombardier 24 billion annual revenue, Embraer 2.5 billion US.
Bombardier market cap 5.2 billion, Embraer 2.4 billion US.
I believe that todays share price of $3.80 pretty much prices in any of Bombardiers difficulties. Embraer's share price of $15.50 US is a bit of a stretch on the other hand.
This contract was evenly split between the two companies because of delivery and financing and was not about the past but the future.
Just because there was large short positions that brought bomber shares down to this level is no reason to sell your shares now so that they can cover at huge profits. I feel very comfortable holding at these levels. They will not get my shares.
Couldn't have said it better myself. Your last line is what will keep this share price climbing......THEY WILL NOT GET MY SHARES EITHER !!
Long on the Bomb!!...............Mooney