Bombardier Inc. T.BBD.A

Another experience with bbd.b analysts...

[vonSachsenanhal]

Scotiabank's Konark Gupta, a "highly respected" analyst in Canada put a price target of 75 cents on bbd.b just before it made its monster climb from penny stock to $5+ last time around. So a group of monkeys typing for a billion years might still not come up with the complete works of William Shakespeare. But give the same monkeys  an hour to throw some darts at projected price points for Bombardier and they'd probably do a better job than the average analyst.

[BiggyG]

Ok so what you're saying is that some of this group are monkeys throwing darts to arrive at the price target in lieu of research etc?...pretty harsh comments but you are entitled to your opinion.

[suomynona]

That analyst was looking at what BBD was worth, not what a bunch of boobs were willing to lose... BBD's not worth $5+ now, is it?  A lot of money left a lot of pockets, straight into the pockets of them what knew it was gonna tank in the end... money got made off of rubes, not BBD. Ain't it a profitable biz though, gettin' folks to chasin' their tails all the way up and

[vonSachsenanhal]

Nice try, buddy. But before bbd.b fell into penny territory the first time, Gupta and most of the rest of the analysts had buy ratings and targets of $5-$7. So no, they're not much better at predicting what Bombardier is worth than a bunch of monkeys throwing darts at random price targets.

[bicente]

Many people had targets over $7 and with good reason ... nobody expected the CSeries to be sold for "negative " cash , nobody thought that the bomber's BT contracts had so little profit in them and would be sold at a discount to Alstom ... basically the bomber was in much worse shape than the books could show ... I might not know much about creating a clean sheet aircraft program