Post by
clubhouse19 on Oct 12, 2023 10:28am
As expected
Even at such a depressed price compared to the recent past, every trading opportunity /shorting will be taken on its way to recovery. Certainly beats, for me, the option of buying and holding long term. In the past when I first invested in Bombardier when it was added to the Quebec stock savings plan , I held for much longer and went through 2-3 stock splits. A trade commision then cost you near 80.00. How times have changed !! For the same cost I could make over 10 trades now.
And so has the rest of the markets where now brokers are much more interested in volume and liquidity rather than quality since volume is how they make their money and so it goes down the pecking order while the authorities are in lock step with this strategy and made the rules accordingly.
If you have the time, the way the Bomber operates now, longs will definitely make money as the market catches up.
Just my 2 cents
Comment by
johnney on Oct 12, 2023 10:41am
Clubhouse, I hope you're right on this, unbelievable how this stock plays! Never saw this before on any stock, especially after a R/S, with such small float of shares!!