Bombardier Inc (BBDb)

2.040
-0.010(-0.49%)
  • Volume:
    4,015,758
  • Bid/Ask:
    2.030/2.040
  • Day's Range:
    2.010 - 2.065
  • Type:Equity
  • Market:Canada
  • ISIN:CA0977512007
  • CUSIP:097751200

BBDb Comments

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  • Can some help me? Should I sell or hold? I have around $1000 CAN shares. How the delisting works? How to sell it when it is delisted? I am using Questrade. Why someone would still buy it for .38 cents after delisting? I am new in trading stocks.
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    • S&P/TSX Composite index tracks some chosen stocks by certain criteria (the most liquid and expensive on TSX). There are stocks which don't satisfy those criteria and they get removed from the index. And there are stocks which didn't satisfy the criteria before, but improved and included in the index. For example, AUP, DPM, EQX and some others were   included in the index today. So it's not the end of world and not that much changes for BBD. 2 factors why it's bad to be removed from the index: 1) less visibility for investors, 2) there are ETFs and mutual funds which follow the index. They MUST have the stocks from the index. If the stock is removed from the index, they MUST sell it and buy new stocks which were included. But nobody really  knows how much it may/will go down.
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    • indexes are made to continue going up. bad students are Always pushed aside. Usually bad students succeed in their life without having a degree.
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    • .38 cents is the lowest resistance. If not beoken it is a buying opportunity for the buyers. This stock is a penny stock meaning it will not follow the normal market. Retail traders are the one making the movement for this stock.
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