RE:RE:RE:Great value stockflamingogold wrote: If you're a fast money trader this is not for you. Covid is ending and humans will want to travel and meet up with friends and family again. This will become evident 2H of this year when cases and deaths plummtet and fall off the front page tickers of news channels. Zooming, skype, facetime and nesting in a cave go only so far but can never replace the face to face interaction that humans crave and need.
Pilotboy246 wrote:
equityresearch wrote: Great value stock. Government bailout of AC coming, vaccines on the way and air travel to return to normal levels. Expecting $5.50-$6 stock price in near future.
Near future? Air travel returning to normal levels? I think your crystal ball is broken.
I certainly hope you're right. I work in the Air Travel industry and see no signs of any time soon returning to normal. I can assure you most pilot training has been put on hold until at least summer at major Canadian airlines (it takes 2 1/2 months to train a pilot for operating on the line). So that puts any travel plans for the summer on hold again. At best I see hopefully some recovery by next winter but unless the government relaxes the travel restrictions, it will be a slow process.
I've held chr since its inception so not really a fast money trader, just being realistic. That being said, I believe chorus will pick up faster than mainline Air Canada (they are cheaper obviously), just hard to pinpoint when that is going to happen.