Post by
lb1temporary on Dec 04, 2022 10:19am
Impressive week.
I had the chance to add some options thuesday and wednesday. So, best day ever thursday and best week ever .
Five days ago, I made a 50-52$ SP forecast for this surge, but I was wrong. It's stronger than anticipated. We will have a plateau or a slow regular rise the weeks ahead till the next surge in january and february ( 400 M$ released, debt buy-backs, results and new objectives). All forecasts are valuable given the Bombardier's SP is still at 2,08$ Pre-split with a far more stronger proposition than last year.
Enjoy this moment, I had only 2 others moments like this in the past 15 years. Many shares could enjoy surges but it's always with a gamble about future, the part of the unknown is far larger than with the actual Bombardier proposition. Thanks partly to the CCAR offering us information like an insider (..and the Sham's and July's table)
The others moments I had was Air Canada surge in 2017 ( another recovery story with the market late to understand the positive signals) and the Canadian banks in the 2008 financial crisis ( the can. banks shares sank like rocks like others global banks while their operations notably the bad bebt were in no way affected). The returns were not expressed in % but by multiple (X).
These situation are jewels with a exceptional unbalanced risk\reward proposition. I always take care of irrational exuberance which is a too much hopes-based forecasts instead of almost certainty facts (deliveries). In the Bombardier's case hopes only starts at 125$ and more (only my opinion but everyone can put his line where he thinks, all are good at this point).
Enjoy the ride.
Comment by
cashworx77 on Dec 04, 2022 11:46am
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Comment by
Nordico on Dec 04, 2022 6:18pm
Getting in AC from single digits to $50+ was a fun ride; I mentally compare Bomber's current position to AC circa 2013 as it moved out of the $2s. It crossed $14 in less than 3 years; I think Bomber's SP will have a similar move up by the end of 2025/early 2026.
Comment by
BBDB859 on Dec 04, 2022 7:14pm
This party will be suffecient for me. I waited long enough for it's coming though. I can't handle too much excitement. I'm an old guy (lol). If I'd have joined the AC party I would probably have gotten pissed when covid hit and the SP went down to $12.