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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.B


Primary Symbol: T.BBD.A Alternate Symbol(s):  BDRXF | BDRAF | BDRBF | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRPF

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. > Now they have to cover
View:
Post by Jacques4444 on Jul 26, 2024 2:19pm

Now they have to cover

Spectacular results, over any speculation, 39 planes delivered, amazing, BBD reach way over 2B, almost 500M more then the ''street'' predict, more then 500M for the aftermath services (seem going to 2B/year in a year or 2). No, the results by themselves can't justify the SP. I see on the TSX trade history some trade (around 10) under 0,80$ under the SP market, who's welling to sell 100 shares for 0,80$ under the SP, I presume more of the sellers were not true owners but shorters. They play the game to fill the ''cheap buyers'' , selling them to bring the price 13,00$ under the max of 100$ we reach days ago. No cheap buyers, no shorters, its impossible. They may have use couple of thousand shares to bring the SP to 100$ but after that, they said , if you want to buy and bring the SP to 87$ Im going to sell you my shorts shares (it only take few thousand shares sell way under the SP, I have seen a lot and a lot of trade around 0,45$/s under the SP). This yo-yo play the game of shorts and they know that a lot of people are ready to buy as low as possible. When downstairs is reaching (87$??) then they cover and tks for the first who buy 1$ under the SP (from 99$ to 98$, ) then the 2nd who buy 1$ under the SP from 98$ to 97, then....The shorters are not the problem, its the cheaps buyers whos have bring the price down, after the panic start from the real owners whos start to sell...and we go to 87$...the shorts realize a resistence, the floor, then they cover....
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