InvestorsHub Logo

Frank Pembleton

10/09/02 8:50 PM

#2520 RE: KastelCo #2519

Kastel... haven't a clue why you posted that? Please, a little insight on where you're going with this.
-
-
Did I tell you I was stopped out of Bombardier today? Sheeeesh! I felt that everything was going well until the afternoon started setting in... a massive volume spike followed by a total cliff dive. It actually hit $3.67 early in the morning before tumbling all the way to $3.13, incredible.

I suspect the leasing story is gaining some traction. From what I understand, Bombardier Capital would guarantee a buyout price for each plane that was leased. The problem now, is that air traffic has fallen so much that the airlines are returning the jets in large numbers. Is Bombardier Capital considered a separate company? Nope. The parent company, Bombardier is on the hook to guarantee the loans.

Maybe someone finally figured out what BBD.B is really worth in the last hour of trading... could get even uglier tomorrow morning.

So what I do with the rest of the money, honey? I was the bull behind Eldorado Gold today... :)

Regards,
Michael