Is Bombardier a buying opportunity?

[15444]

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]

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

[farmaholic]

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

[MBgrower]

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

[15444]

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.

[farmaholic]

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

[MBgrower]

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.

[Hamloc]

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

[sawfly]

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 .

[15444]

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.

[Hamloc]

So Bombardier lost 5.34 billion in 2015. Can this company ever make a profit? 1 billion from the Feds is a drop in the bucket.

[15444]

1 billion from the province. I am betting Trudeau hands over a signed blank check.