Post by
Wynjoe on Oct 28, 2022 9:44am
Easiest money I ever made...
I still cant believe I bought shares at $16.00,maybe i should thank returns for at least trying to drive prices down.AIR CANADA!/GREAT COMPANY!/GREAT POTENTIAL!/GREAT INVESTMENT!/GREAT MONEYMAKER!/ I MUST BOOK ANOTHER TRIP TODAY ON MY NEW FOUND FORTUNES!!!
Comment by
iClosem on Oct 28, 2022 9:48am
You made money on a company that just lost 500 million dollars. I seriously need someone to explain to me how this stock is up today on that God awful earning report.
Comment by
Wynjoe on Oct 28, 2022 9:53am
It's called POTENTIAL EARNINGS, however as I stated last night s/p do not rise forever and a dip always comes.I sold a huge position of ac this morning above $20.00 ,not because I have doubts about air Canada, but I made so much /so quick that I'm happy.
Comment by
iClosem on Oct 28, 2022 9:46pm
In the last 20 years how many years has AC made a positive in EPS? I actually don't know the answer, but sure it isn't a lot, and on aggregate probably lost more money then made over last 20 years.....and the govt bailouts.
Comment by
flamingogold on Oct 28, 2022 10:06am
That loss is 100 million less than a year ago. Because the market is forward looking, investors buy companies on the upswing and vice-versa. Look at Meta... still making money fell over 20% the other day on a suspected slowdown in future earnings.