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Bullboard - Stock Discussion Forum 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... see more

TSX:AC - Post Discussion

Air Canada > Easiest money I ever made...
View:
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.
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