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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > We have been lied to by the media and people on this board
View:
Post by mtlmoneyman on Dec 22, 2022 11:15am

We have been lied to by the media and people on this board

People are going through rough times and it will continue right into 2023-
Interest hikes will cotinue to rise and more people will lose their jobs-
many places are already in a recession

Even if The Bomber has a good quarter which i think it will who is willing to buy new shares in these times -
The stock could easily go back down to below 50.00 i hope not but it could -
If u are ahead of the game in share price nothing wrong in taking a profit-
as i have said before nothing wrong in owning cash -
a ood chance u might be able to buy at a even lower price -
Happy holidays -
Comment by Noredneck on Dec 22, 2022 11:35am
Everyone knows now BBD is one of the best stock to own... Super rich people ARE BUYING BBD Global Jets like crazy... Jets agency are buying them, Air Force are buying them... they are sold out for a long period dude!!!! Soon the debt will be something from the past... Do you seriously think super rich want to travel on a commercial plane with poor people fighting and screaming on the plane and ...more  
Comment by johnney on Dec 22, 2022 11:44am
Nordneck, I do agree with your post, not the same company that we used to know! It's changing, and pretty fast too!!
Comment by Shamhorish on Dec 22, 2022 12:03pm
YOU ARE RIGHT, as you said "Interest hikes will cotinue to rise and more people will lose their jobs- many places are already in a recession" and yes "The stock could easily go back down to below 50.00" on the other hand BBD backlog is well and suffecient for bbd to be busy for 2 or more years !  and at $50.00 is in my opinion low price (=$2.00 before RS) yes " ...more  
Comment by vonSachsenanhal on Dec 22, 2022 12:26pm
Thanks for this incredibly useful information! Congratulations on owning cash! Lied to on this board? Are you talking about yourself again? You already lied to us, saying you and your buddies could move the share price of bbb.d!!! 
Comment by clubhouse19 on Dec 22, 2022 12:34pm
I don't think with your history of making calls you are the one people should be listening to. What I thought was going to happen is happening and the selling of the bomber today with relatively low volume IMO confirms it. Tax loss selling but  different reasons for the bomber. Take the Bomber profits this year added to your losses rather than take the profits next year.  Volume is ...more  
Comment by BBDB859 on Dec 22, 2022 12:46pm
Thanks for the insight Club. I think you're right. Selling is sparse but some need to sell for certain reason.
Comment by Sailboatdream on Dec 22, 2022 1:07pm
I also think this is another mistimed sell by MMM.  And self fulfilling prophecy... he decided to sell on a low volume say which amplified the so decline.  But this is temporary.  Sp will recover this afternoon as it always does.   really hope no one is following MMM advice.  Except when he is stating the obvious or quoting a better source.  
Comment by VicesVertus2222 on Dec 22, 2022 1:33pm
I don't know about the lying etc, but I believe that we are getting a preview of what the first half of what 2023 is going to look like.  The market may be getting in the second round of this bear path.  Very few corporations will keep the eps they were producing in the past. That may include BBD. MACD has reversed 4 days ago, RSI also in a down trend for the last 10 days, hanging ...more  
Comment by stockitnow on Dec 22, 2022 2:09pm
Lol While you are looking at charts, have your palm read, look at your horoscope and tarot card reading.  You will have better luck.
Comment by BBDB859 on Dec 22, 2022 2:21pm
I'm not defending the Moneman with this post here. I think you're right about the recession being here already MoneyM. I think that, Real Estate will have a real hard go of it in 2023. I think the high Inflationary preasure on comodities will continue. Inflation is not easy to bring.down given the damage done by the Central Banks. Especially here in Canada. I think the prices for Real ...more  
Comment by stockitnow on Dec 22, 2022 2:33pm
Unlike the past, this recession is needed.  Cost under todays high inflation is making everything expensive.   Not kept in check, high inflation will destroy the economy. Central banks have being raising rate to get us into recession to reduce inflation to 2%.  Central bank want to see a recession.  No one should be  surprises when recession comes.  When ...more  
Comment by BBDB859 on Dec 22, 2022 2:54pm
I agree with your assessment of a Recession 100% Stock. I think it will be a medium Recession in length, but hard. It could also drag a bit longer that we expect because of the Inflation stubborness. Like I've said here before, I'll say it again. People/Companies that have gotten these high gains/prices during Covid aren't going to want to give those high prices up as easily as we ...more  
Comment by flamingogold on Dec 22, 2022 2:59pm
Unfortunately, central banks can not control Russian's invasion of Ukraine and the effects on global food supplies. What we need is someone to take Putin out like the US did with Sadam. An end to the conflict there would rocket markets up 1500 pts in one day and have the FED moving closer to a pause as high food inflation would be whacked.