Post by
stockitnow on Jul 26, 2024 6:44am
Disconnect
There is a discount with bombardier results/performance and how the stock price behaves. We used to see this for years. Yesterday's was one of them and most extreme as bombardier had a solid quarter and are very clear on their plan for future and in track to deliver yearly target, yet sp dropped.
Yesterday's trading started in green and went red after. Buyers saw potential and were buying in the green, then you had sellers who wanted out and taking profit out. SP drop from two days ago probably fueled the seller to take profit out as the early morning green wasn't going up fast and much higher on good results. Then you had the snowball effect.
There is no stock manipulations, not a short attack. This is just regular folks who are trading and making money, but some thinking emotionally.
Comment by
Shamhorish on Jul 26, 2024 7:08am
AGREE, on the other hand, spirit issue weight and create worry add to that what Eric Martel said about BBD is expirience problems getting ENGINS !!!! WHICH bring back memorries of whathappened with C serries and P&W engins problems delays to a degree that bbd was getting only one of two engins per month (which in my opinion was staged to bring bbd down and steal the C serries)
Comment by
BBDB859 on Jul 26, 2024 8:14am
I think you're right on the ball with this prediction. Nothing out of the ordinary, except normal trading. Which is good, given our past history of crazy trading. The small float helps in defining the SP action better/clearer as well. Good pick up Stock.
Comment by
Tempo1 on Jul 26, 2024 10:23am
The surprise was that the SP didn't have the solid foundations as we thought. The slightly lower margin with the Spirit uncertainty drove to the 10% drop. On a more positive side, the drop on a low volume clear the way gor a come-back by any 10 000 shares buy.
Comment by
BBDB859 on Jul 26, 2024 10:34am
Ya, I'm notice the volatility from the reduced float on the SP. The SP is very sensitive, to fluctuations. You could be right Temp.
Comment by
llesage on Jul 26, 2024 11:02am
I certainly did not expect this. I thought after the 1st 1/4 earnings report in April that we were done with the shorts. Earnings were good and the stock price moved higher accordingly. I expected the same this time around.
Comment by
llesage on Jul 26, 2024 10:18am
I disagree and think the manipulation and shorts are back! Relentless!
Comment by
BBDB859 on Jul 26, 2024 10:29am
We'll see what's going on. Let's keep our eyes on it. Shorting Institutions do hold a lot of shares here from past trades. And a lot of activities on the SP go un-noticed. My view is that they'll show their hand soon.
Comment by
llesage on Jul 26, 2024 10:44am
I wish we had Clubhouse back here. He used to have a handle on how the shorts acted. He used to say they'd walk it down quickly....well that's been happening since Wednesday. Where are the buyers?
Comment by
llesage on Jul 26, 2024 11:13am
So I'm trying to make sense of how we're going down after 2.2 B in revenues, 39 deliveries vs 33, FCF usage that was substantially less than anticipated, upgrades by Moody's and S&P since last 1/4 etc.???
Comment by
Truthifest on Jul 26, 2024 11:58am
Easy. Just bring up a 3 month stock price chart. The bump up starting a couple weeks ago, was just given back. Very common occurrence in stock land. The underlying reasons for the give back: short term folks hoping for a big positive surprise from the earning results/call, simple impatience, a couple red flags mixed in with the very strong bookings and deliveries.
Comment by
johnney on Jul 26, 2024 12:03pm
Maybe, but this drop, this time shouldn't happened, honestly!! Glta!
Comment by
Tictac99 on Jul 26, 2024 12:19pm
And if next Wednesday July 31 the Federal Reserve takes the decision to cut rates due to better controlled inflation and (election). I imagine this will be the signal the markets have been waiting for for months. This should put all companies, including Bombardier, back on track and resume their upward trend as we knew it before this week.