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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

Post by givemeabreak1on Feb 25, 2021 12:12am
184 Views
Post# 32655296

The Big Hurt!

The Big Hurt!The markets are so flush with cash it is being put everywhere even absolutely stupid places.  I am not over 25% cash and my portfolio is still charging making money hand over foot it is litterally nuts.  You can toss a dart and make money on betting on whatever it lands on!  Needless to say it will be time to pay the piper eventually then some stocks will be in for the big hurt!  AC is one that will take the big hurt.  While if and when things return to normal they will have pricing power but as things open up it will be time for gov't to pay the bills which means look out!  Companies like AC will be at least 2 years from ever seeing a profit even with pricing power!  So what happens well cash comes out of the market as the bills come do!  The Vaccine Euphoria will be over sooner than many think.  The markets are usually 6 month ahead of reality so the Vaccines are built in now for a fall return to normal.  AC will survive but will likely retrace to the teens for awhile.  Smart money is taking profits!  Retail money always late to do so!  
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