RE:RE:Shopping spreeTrendSwapper wrote: Agreed - being greedy when others are fearful will apply well to this situation!
$5.50-$6.50 would be a cheap exit price in the worse case scenario, if things do not end in favor for AIM, IMHO.
Canadian market is such a monopolized market, AIM has won almost every single advantage for itself to find a better way out.
Aeroplan is nowhere close when compares to SPG, however, you can only find 10 more worse programs than 1 more better one within Canadian market. That makes a huge difference, it will guranteed to take 6-8 years to reach to the equivalent level where Aeroplan is today from scratch, this is the solid business fundamental that dominates all other factor short term - mid term factors.
All the threads "hanging" are in fact better excuse to buy cheap shares as all of them will evetually settled in time.
AC will start to run a skinny program which will have a long way to market till it can formally compete with the mediocare redemption power Aeroplan has today.
The new AC program will never even come close to UA's program, with all the excuses AC can take advantage of. IMHO.