MiWay1137
New Member
^Nice photo dude!
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pstogios
Senior Member
By your own logic this is reversion to the mean. And what a terribly low mean it has been for this company.
This is totally consistent deal hunting after that sell-off after the shareholders meeting.
I don't want to derail the thread but if you think irrational selling doesn't play a role in the market, like what happened that day last week, well, I have a bridge to sell you.
pman
Senior Member
Since we're talking about Toronto streetcars, perhaps the appropriate term isn't "derail" so much as that Toronto thing where the streetcar turns a corner, then the trolley pole disengages from the wire and time stands still while the driver gets out and pulls the pole back into place. On the plus side, I suppose the TTC's woefully outdated technology is kind of like a rocket, as they claim, but unfortunately it's like the early ones in the US space program that had the tendency to explode on the launch pad.
TOareaFan
Superstar
I am now totally confused.....on the day you said that that one days selling was clearly a signal the market had lost confidence in management (which sounds like a pretty set of rational group thinking)....now you are saying it was irrational thinking? So pick a horse, ride it and we can talk...I always thought it was profit taking after a pretty fast run up and cashing in on some good news.
JJ's Trackside Rambles
New Member
pstogios
Senior Member
Sorry I used the wrong word. I can understand why you were confused. I meant "short-term reaction" (to the announcement that the families won't be giving up their majority control and thus dampening hopes for a real turn-around) is what I think was being the sell-off last Friday.
drum118
Superstar
3 weeks until we see the inside of the Leslie Barns and 4420 on display. Never know, we may see 4421 there as well.
W. K. Lis
Superstar
Wait a minute. #4419 only arrived April 25th! #4420 could arrive this week. That's almost two weeks! What's going wrong right?
pstogios
Senior Member
Don't count your chickens yet.
I believe at some point in the deliveries of the 441X series there was an acceleration to one every two weeks, but it was short-lived and then the schedule reverted to the disgrace we've been seeing since.
Let's see at least a few deliveries on this accelerated pace before we get too excited.
P.S. The delivery dates should be made a sticky in this thread..
MetroMan
Senior Member
Hopefully Bombardier's new CEO is doing the right thing: under promise and over deliver. If they promise one a month this year and deliver 2 or 3, Bombardier might begin to make itself look good despite being chronically behind schedule.
Steve X
Senior Member
Nothing. They said they'll deliver 13 more in the remaining year. That's about 3 every 2 months.
I don't know why it's surprising. It would be surprising if we see 4 more by the end of June cause they should only deliver 3 more. Sometimes the gaps are smaller but usually it's followed by a longer period of time.
M II A II R II K
Senior Member
They would arrive faster if they filled the freight train with like 50 streetcars instead of just one at a time.
smably
Senior Member
I saw not one, but two Flexities at High Park Loop this morning, both signed 506. Anyone know why they'd be all the way out there?
DSC
Superstar
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Cherry Blossom Time?
TheTigerMaster
Superstar
BBD can hardly make 2 streetcars, and now you want 50??