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

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TSX:BBD.A - Post Discussion

Bombardier Inc. > Triple Witching-staggering 2.6 million shares already traded

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Post by vonSachsenanhal on Jun 21, 2024 9:51am

Triple Witching-staggering 2.6 million shares already traded

Major holders may also be re-setting their capital gains by selling and then immediately buying back their shares. I did this yesterday in my corporate account.

Triple witching typically occurs on the third Friday of the months of March, June, September, and December, as highlighted below: March 2024: The third Friday is March 15. June 2024: The third Friday is June

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Comment by vonSachsenanhal on Jun 21, 2024 10:04am

Correction: re-setting their cost basis. That way only capital gains going forward will be subject to the new 67% inclusion rate for corporations. Triple witching very commonly produces super high volumes for many equities.

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Comment by stock4life48 on Jun 21, 2024 12:17pm

agreed, I did this a few weeks ago and have to assume a ton of people are doing this (at least the smart people anyway). Today is the last day to do it under the old rules

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