Air Canada T.AC

Bombardier up nearly 7% as strike ends!

[NothernLights]

We need progress with the pilot's contract in order to remove this negative pressure on AC's stock!
Could be a very good buy!

[Nordico]

AC could bounce 10% when the labour negotiations resolve, imo. A buyback announcement is another big catalyst, and we should see that with either the Q2 or Q3 ER. Q2 and Q3 will be solid, especially with the revs/profit boost from the Westjet strike fiasco. I've built up a massive position (for me) going into the next few months.

[NothernLights]

Nordico, do you buy sheres, calls, or a combination of both?

[Nordico]

I have a small position of calls (Jan 2025 $15s) but primarily shares - 20,000 at the moment.

[NothernLights]

I have 10,000 thinking of adding another 10,000 + maybe like you adding a few calls, just for fun! :)

[Tempo1]

Good idea to add if you have ammunitions. At 17$ it's look like a floor. The uncertainty is the upside power.  Is it goes to 21$ 23$ or maybe 25$ in the next year ?  Who knows. But the events show us that we can forget the irrational exuberance of a major surge. A 21$ to 25$ surge would give us a 25% to 47% return, not so bad.

[Fuergo]

Tempo technically it seems to have a big wall to spend $21

[Nordico]

I added 2000 shares today (now at 22k total) and another $7.2k of call options. Locked and loaded for the upcoming Short massacre.