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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

Bullboard Posts
Post by Koopmanon May 12, 2017 10:37pm
208 Views
Post# 26240032

Buy Back Point = ?

Buy Back Point = ?Mixed feelings about today. It dropped back as AC does all too well, but not as much as my inside voice thought it would. I already told myself that if/when it drops below $15-ish, I'll buy some more (all things being equal), but now I'm wondering if it will drop back there. Nonetheless, I'm tired of playing the guessing game and so here's my plan (for anyone who has nothing better to do on a Friday night): Buy "some" more if it drops below $15-ish; then sell when AC reaches $18. I still hold some AC so even if I don't buy any more I need to have a final jump off point and I think $18 is plenty high for 2017 target. I haven't fully locked down on $15 and $18 yet as I'd like to see where the pundits' (the so called stock gurus) have changed their target price to (if they have). When I last checked, the consensus was around $16.25 but hey, we're there so has that target changed? Also, I'd like to see what the earnings forecast is for the next year. I'm actually still in awe that it has moved on relatively weak financial data!? Well, I know this will kill you, but I've got to sign off. Bye all.
Bullboard Posts