Bombardier Inc. T.BBD.A

The most difficult moves are ahead.

[Tempo1]

Buying is the easy prt of investing.

Selling is far more tough. Nobody wants to left profits on the table.

Many options :

Waiting again ?: In the past days, many hours with only tiny transactions, SP stalling till a smal surge; but at the end of each days, we had 1$ or 2$ more. Today, we have a more steady volume. Is that last many days ahead? 

What is the apex ?  75$, 78$ 80$ ?  or will it pull back to 68-70$ till the summer?

Or, if we don't move, the SP would be higher at dec 31 anyway; For the long term, the risk is low; all fears has been erased by the management presentation.

[vonSachsenanhal]

All good questions. Probably the safest move is to just stay long. Take a small percentage of your position off the table only if you need the money now.

[MyNameIsNobody]

I was thinking of a post like this one.  Moving from 'when is is going to move up?' to 'Wow... into some nice money now, should I sell?' ... different kind of greed, or want. Another patience muscle has to be trained now... lol

[bicente]

it's never a bad thing to take profits , I did it when buying myself a nice toy in "22 ...Now my next toy is coming in . I decided to sell my Dow stocks instead of my bomber , a stroke of luck and the fact that the US dollar is higher was the reasons . Thankfully the toy is late in delivery so I get to ride a little more ... I don't fully trust the market so leaving some money on the

[Alexcanada]

Nobody knows. But since my ACB was at 51$ (bought in january of this year) Selling today at 74$+ for a 50% profit in less than 6 months is making a lot of sense. Enjoy the profits ! 

[Noredneck]

Alexcanada.... make a lot of sense for SHORT.... GL

[Nordico]

I hedged 6.25% of my comically overconcentrated, leveraged position by selling a handful of covered calls ($76 strike, July exp.) when the SP hit $74.30. Letting the rest ride long-term.

[Tempo1]

Bombardier's,calls are expensives; so why did you buy so longs ones?. At this prices, only short game could be done.  (may 17, may 24...) with profits.

[Nordico]

Indeed the calls are expensive; that's why I sold calls, lol. 

[Tempo1]

No, I mean why doesn't buy 2 or 3 weeks call instead of months long ones. I sold some may17 calls today (boughts 2 weeks ago) for a 4,5 fold profit.

[Nordico]

To be clear I didn't own any calls prior; I sold to open the position. It's just hedging part of my long shareholdings - a small portion that I don't mind being trimmed if it comes to it.