Post by
Wynjoe on Nov 27, 2021 7:47am
The harsh reality....
Flights are being canceled and government assistance is no longer there. This new Omicron covid variant just may be more lethal, (especially to young people),if this proves to be the case then parents will go to any and all lengths to protect their children.This winter may see travel shutdowns like never before. Air Canada do not pay dividends and absolutely will not see any major growth in the near future, SO WHY OWN IT. All employees have been recalled and expenses are growing while revenues stagnate. Of course s/p will test prior lows,and theres nothing to stop the selling.Its not cheap to mothball jets ,and there definitely are no catalysts upcoming to push s/p MAJOR MAJOR SELL!!!!
Comment by
Invinceableone on Nov 27, 2021 9:22am
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