RE:RE:RE:Such CrazinessI've said before, but I believe we'll go up when we have a strong catalyst (Q3 resuls?) or essentially when the money managers allow us to -- which typically means it isn't as profitable to short. AC has always been a votaile stock on a volatile market and is perfect for traders. Whereas our red headed step son West Jet, who by all accounts isn't doing all that well on the balance sheet, holds up better. Part of the reason for that is debt, another part is the dividend, while another is just the past (bankrupcty for AC).
This is part of why I'm a fan of dividends, even paltry ones, over share buybacks or paying down debt faster. We need new money + stable long term investors and many of them won't touch a stock without a dividend.
In any case, I wouldn't worry too much about the dip today as it'll prop back up and we have load factor results not too far away.