Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

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

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TSX:AC - Post Discussion

Air Canada > If things were good and valuation was “cheap”

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Post by Rob8043 on Feb 17, 2024 5:40pm

If things were good and valuation was “cheap”

You would see shares rising, not falling for 4 years. For the airline industry, investors do not care one bit P/E because it is a highly cyclical and UNCERTAIN business that can get destroyed in economic slow downs. Real investors have been bailing fast while the propagandists on on these boards pretend to own shares.
For new readers, just remember: good stocks never ever decline on multi year high volume!!!!
In short: the future for AC holders ain't looking good

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