Bombardier Inc. T.BBD.A

Trading B shares for A shares

[gobomber]

I told you guys before that I am regularly  trading my B shares for A shares when there is less than $1 ($.04 pre reverse split) difference and buying back B shares with my A shares when the difference is much bigger. You obviously cannot wait for days to sell and buy back. I usually do it within a few minutes.

Using this approach I do generate a fair revenue. The risk is minimal if one does it within a few minutes. It is not considered day trading by Revenue Canada because A shares are different from B shares.

All of this to tell you that this week is a golden opportunity to sell your Bs and buy As given that the difference in share price has been well below $1 at mutiples occasions. I was able to buy some when the difference was as little as $0.75

Obviously, if the price of A shares goes up to $4 or $5 above B shares, I will reverse the process.

This is not a get rich quick scheme. However it is a good way to increase your Bombardier portfolio without having to invest addional funds.

[ITSUP2ME]

Low volume = high volatility = no thx GLTAL

[gobomber]

What you are saying is correct but this is exactly what you want to keep trading back and forth between A and B shares. I have owned Bombardier shares for over 20 years.  99.999% of the time, A shares are more expensive than B shares and B shares are in the driver seat meaning that A shares are totally dependant of B share prices. Lastly A shares are always dragging behind B shares because of