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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. > Trying to understand shorting
View:
Post by Snowey on Nov 25, 2023 12:27pm

Trying to understand shorting

I have never shorted a stock. Never really attracted me. Seemed so negative. Experiencing glee when a stock drops whereas to me a drop in stock is loss to investors and possible layoffs for workers. Why would something so negative be a cause of glee. And I see the shorters who show up here on stockhouse that seem so deceitful and manipulative.
 
Anyway, I got to see a movie called DUMB MONEY about a guy investing in GameStop. At the end of the day, he made he made north of $40 million. The stock went from about $2 to almost $500 per share. It involved a short squeeze. The shorts had to buy back shares at higher and higher prices and the stock took off.
 
I really enjoyed the movie.
 
Have a great weekend
 
Snowey
Comment by BBDB859 on Nov 25, 2023 2:11pm
Hey Snowey. Enjoy this great company you're invested in. They finally turned the corner. Take pride in that turnaround. Don't pay attention to the clown(s), that takes pleasure in the SP losses, even though the company is so successful. I use the ignore button, and my board is so clean of this clown. It's getting to the point if you notice, that no one is answering him. In fact he is ...more  
Comment by Snowey on Nov 26, 2023 1:25pm
Hi BBDB859,   Thanks for the encouragement. I agree and believe we are onto something really great with BBD as they continue taking care of business. The rest of the market has to catch up, and it will.   By the way, I took your advice with the ignore button.   All the best.   Snowey
Comment by BBDB859 on Nov 26, 2023 8:48pm
The market will catch. It's only a matter time now (2024) before the Institutions start to jump in. Then of course, they goble up every share they find cheap. Good for you on the Ignore. You won't waste your time or energy with these yutz's. If you notice the putz is still stinging, when people don't respond to him.
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