Bombardier Inc. T.BBD.A

Disappointed with the reverse split

[balmusette]

Most of us had doubts with this reverse split since this cosmetic move is often associated with trying to insuflate some life into an anemic sp, and often with little success.

Since Bombardier has technical people smart enough to build state of the art business planes, I can't believe that they don't have competent business people as well to give them top quality advice.

To go ahead with this rs must mean that, like Clubhouse has said, this has to be attached with something else, otherwise they almost seem amateurish in trying to fool the market with just this move.

It gives non deserved negative vibes towards the company and we saw the results of this yesterday and today.

So I hope good news ,attached to this rs, are coming soon

[flamingogold]

I think this "attached news" is coming but it won't be to longs liking. Dilution/capital raise will likely come at a lower price to the benefit of the partner and the family but to common shareholders we will suffer further. Disappointed as well.

[clubhouse19]

If that is the case about an offering as I suggested in the past with no other accompanying news, then you cud bet they will take this lower. IMO it was better to do nothing or decrease position and wait till this plays out.  The market certainly doesn;t help and anyone buying into this now or just added prior to split is looking for trouble. Istill don't see management, even though

[flamingogold]

$21.75 has to hold (87¢ pre) or else this is going to the dogs again.

[balmusette]

Yes, it was better to do nothing and be patient. Interest rate hikes, war in Ukraine, bear market, covid and problems with the supply chain...these were out of management's control, but this reverse split is simply self inflicted misery. On the other hand I still believe we will be rewarded but it will take some time.The product is good and there is a strong demand for it. We will have to be

[flamingogold]

I am a big believer in patience. The problem with that and BBD though is some will actually not live long enough to see their returns. This company has been a very sad case of capital destruction.

[BBDB859]

It's pathetic to watch. I'm at a loss to understand all the decisions of this company as far as the SP goes in order to help the Shareholders. I don't think that they care about where the price goes. I don't think they can control the Manipulation/Shorting. And the only thing they've achieved with R/S is to Erode us a steal our shares.

[firstworld]

737 Max production stopped due to shortage of RU alloys and chips made with RU noble gasses. Bbd is next not to mention lots of orders will be cancelled not like they have DC backing 100% of every order.

[johnney]

Let me tell you this, the Family are A$$HS, nothing more, don't give a F***k about them, they won't care about you, be sure of this!!!!!