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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

TSX:AC - Post Discussion

Air Canada > Most targets are over $30
View:
Post by DrInvestor on May 10, 2024 10:30am

Most targets are over $30

This is a classic case of accumulation slowly by the big boys. Buying slowly but surely and then, up it will go. No reason why we are not trading at $25 right now. We were trading at that level during Covid with no plane flying.
Comment by Rob8043 on May 10, 2024 10:39am
Another case study of the delusions when you become a long suffering bagholder. He is comparing current share price to COVID days. Share price was higher during COVID because everyone thought it was going to be short lived and profits were going to soar on the reopen. That was before MASSIVE inflation and cost increases. Conditions have materially worsened for the airliner.
Air Canada
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