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Is Bombardier a buying opportunity?

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  • 15444
    Senior Member
    • Feb 2000
    • 2112

    Is Bombardier a buying opportunity?

    Trading at 1.20. Was 25 in 2000. Have a hard time believing the French will let it fail, no matter the cost. They just gave the company a billion and made themselves 49.5% shareholders, so taxpayer money is going to be supporting it for the long-term. They are also hounding the Feds for a massive bailout.
  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993

    #2
    Think they fired 7000 today. Not my area but would be careful. Watch for unusual volume. I could see a lot of insiders getting early info on orders with a company like that

    Comment

    • farmaholic
      Senior Member
      • Sep 2010
      • 17483

      #3
      It is up 21% today... they say out of penny stock status. LOL

      Comment

      • MBgrower
        Senior Member
        • Sep 2012
        • 1565

        #4
        Would they survive in a seperate quebec? I doubt it.

        Comment

        • 15444
          Senior Member
          • Feb 2000
          • 2112

          #5
          Oh absolutely not. But who really thinks that is going to happen. It would be a dream come true for me, but Frenchies aren't so fond of independence and it shows in the last number of provincial and federal elections. The number of people who supported Renee Levesque keeps dropping every year as more of those people take dirt naps...but their sense of entitlement is alive and well in their children and grandchildren.

          Comment

          • farmaholic
            Senior Member
            • Sep 2010
            • 17483

            #6
            Aren't the hogs supposed to be slopped with skim milk, not the cream?

            Comment

            • MBgrower
              Senior Member
              • Sep 2012
              • 1565

              #7
              Quebec govt wants ottawa to pay 1 billion to keep the company afloat. Haha no pipeline, no help for bombardier. Lets see how trudeau handles this. Lets see how smug Codderre is now about the pipeline.

              Comment

              • Hamloc
                Senior Member
                • Jan 2014
                • 3976

                #8
                Isn't Bombardier the type of high tech company our Prime Minister bragged about when he talked resourcefulness?

                Comment

                • sawfly
                  Senior Member
                  • Mar 2005
                  • 876

                  #9
                  yes MB your right , allow the pipeline. help Bombardier.

                  and help keep them in business, for the 100th
                  time.

                  strange how after 40 years of bailing
                  bombardier out, the govt.s have paid enough to own it 10 times over.

                  govt. should own it all.

                  i think we should still prop them up,
                  as virtually every other nation does the same .

                  it should be thought of as team work and not extortion .

                  Comment

                  • 15444
                    Senior Member
                    • Feb 2000
                    • 2112

                    #10
                    Trudoughhead will throw as much cash as is needed to Bombardier, maybe multiple billions. Lots of discussion on news yesterday and came down to fact that drama teacher is from Montreal and lots of his buddies are frogs as well, so they aren't going to piss off the croaking public.

                    Have to remember how many red crooks are from the West in the party. Selfie boy could give rats ass about what happens out here to you or the oil prices. At this point, the faster this country breaks up, the happier I will be.

                    Comment

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