RE:It was Triple Witching day It seems to account for the morning spike and 10% gains today but do any of your more experienced traders have a sense of what TWH has done for money?
In general, it seems here investors have lost all confidence and it's not coming back until there is substantial news. Air Canada may:
1. Drive the equity price to zero to scoop up the rest to preserve the brand but the "clock is ticking"
2. Drive the brand to the ground and and have a true strategy of its own
Right now, we are in "bluff zone". They pushed back the announcement until September, very, very crafty.
This stock might become very boring, very fast waiting. Currently, it seems the best case scenario is factored in for AC but the worst case scenario is factored for AIM.
This is another stock I keep watching but I have not decided if I want to own this or bet against it.