RE:RE:Here's how I see the Deal with Government and ACTommy
Since the Pandemic they have had to dilute the shares out. They have added to debt. They have financed unencombered assets so it will be years before they can get back where they were before the pandemic. In you mind you might see $60 but you actually have a better chance of a triple with many other stocks. As I have said before AC is actually overpriced because of people who believe like yourself. Book value is in the high 16 dollar range and dropping by about 2 bucks each quarter. So it will print down another 2 bucks next week! AC has always had a cargo operation just not as big but remember it is still a very small cargo operation. Needless to say the cargo operation means you are not getting back to normal passenger volumes for along time. This is because you have 2 Air Cargo businesses. One where you sell you under plane cargo capacity. The other one is where you actually strip down the passenger plan to ship cargo rather than people. If they have done this they do not expect to get the passenger volumes any time soon!