|DON'T BUY||$2.150||CONTRARIAN||CONTRARIAN and VALUE INVESTING||No|
There is a huge amount of debt at the company. The ‘B’ preferreds were trading at 8% but there is a lot of risk. He would be very wary of anything they say. He was glad he got out because he was afraid of what was going on with the ‘C’ series. They have constant bailouts. The preferreds are reasonably secured.
President, Contra the Heard Investment Letter
Why don't you retire and stop confusing investors who are about to make lots of money on BBD.B which is about to skyrocket in 2017 since theu have the best planes in the World and amazing rail business ?
BNN advisor sceptic:
As someone that owns a substantial amount of BBD.B (and their preferreds) I fully agree with Benj.
To think otherwise is fool hardy until they get their debt under control
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