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Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s):  ACDVF

Industrials Airlines
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... see more

TSX:AC - Post Discussion

Air Canada > Nobody wants this POS
View:
Post by Returns2021 on Jun 15, 2022 9:49am

Nobody wants this POS

About to nosedive once again - why??? Because it all comes down to financial performance and viability.  Investors know there is no money to be made here for years to come - no profitability
Comment by CrashonTrees on Jun 15, 2022 10:30am
High gas prices and recession looming and bonus higher interest rates ? AC will be 10$ by August 1st.
Comment by RickyBobbyTO on Jun 15, 2022 11:29am
I don't know. To me, it seems obvious that the bottom was in yesterday. You haven't covered yet?   
Comment by RickyBobbyTO on Jun 15, 2022 11:36am
While I'd like to see it, it seems like a bad idea to wipe out your profits. If there's one thing that I'm sure of, it's that Air Canada is a national flag carrier, with the full weight and support of both the Canadian government and its institutions including the banks. I think the fed hike is already priced in. Next few days could be green.  
Comment by RickyBobbyTO on Jun 15, 2022 11:47am
just flip it and go long, no? 
Air Canada
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