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Bullboard - Stock Discussion Forum Chorus Aviation Inc T.CHR

Alternate Symbol(s):  T.CHR.DB.B | T.CHR.DB.C | CHRRF | T.CHR.DB.A

Industrials Airlines
Chorus Aviation Inc. is a global aviation solutions provider and asset manager, focused on regional aviation. The Company’s primary business activities include contract flying, aircraft leasing, managing aircraft on behalf of fund investors and other third-party aircraft investors and/or owners, as well as maintenance, repair and overhaul services and pilot training. The Company operates... see more

TSX:CHR - Post Discussion

Chorus Aviation Inc > What's going on?????
View:
Post by sergio2go on Apr 08, 2024 1:11pm

What's going on?????

WOW, the volume went up sharply, suddunly. Are they buying back so much stock. If it is the case, they probably figure that buying back at the current level is a bargain, because the next quaterly report might be very good, if not execptional. HUMMMMMMM!
Comment by Mephistopheles3 on Apr 09, 2024 9:10am
Volume spiked from a few block purchases yesterday - I don't know if I would say this is bullish yet as it's likely just shorts covering their position and getting out at a nice profit.  CHR has been buying back about 50K shares a day.. shorts were covering most of the second half of March (shorts went down by 653K between March 16th->March 31st) and the stock price went nowhere ...more  
Chorus Aviation Inc