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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. > WHY BBD.B IS DROPPING LIKE A ROCK?
View:
Post by Shamhorish on Mar 13, 2023 9:40am

WHY BBD.B IS DROPPING LIKE A ROCK?

AT 9:36 AM 3/13/2023

Bombardier Inc. (BBD-B.TO)

62.31-3.77 (-5.71%)

FROM 70.99 HIGH,

THAT IS A DROP OF 12% (70.99-62.31)
Comment by johnney on Mar 13, 2023 9:53am
Why is dropping like a rock, well there is an answer for that too, that we don't know, but also went up like a rock!!
Comment by Shamhorish on Mar 13, 2023 10:07am
THE SCAVENGERS ARE SPREADING FEAR why? there might be an order (millions of shares) to buy (for a prefered customer, fund, etc) at that low price and they want to help filling it we will see once the order is filled, bbd.b will recover
Comment by clubhouse19 on Mar 13, 2023 10:10am
Of course they are...while initiating all kinds of margin calls.   Never let a crisis go to waste is the mantra. !!
Comment by clubhouse19 on Mar 13, 2023 10:15am
Also it is not because they have a preferred customer ...more likely that they take the opportunity to replenish inventory to make a hefty profit when buying comes back..