RE:RE:RE:ARB is effectively over ...rapid_fire_ Thanks for your thoughts. I both like this stock and am a little concerned about it. I agree about the track record on profits but the dividend yield was high enough just before the dividend cut that it was like the market was saying that something is wrong here. At yesterday's close, the dividend yield stood around 11.7% which is high enough to suggest the market is still saying lots of risk here. CHR.B also seems to have one of the highest Price/Book ratios in the airline industry which also implies it is overpriced currently. I believe the stock is worth at least a $4 but prices these days don't seem to correlated to fundamentals like they used to. What concerns me is that a major short attack could drive the price way down in spite of all the positives. And that, could set off a lot of stop loss orders that could send it lower still. IF AC wants to buy them out it would seem that such an attack could be orchestrated. It also seems like it's not enough anymore for a company to be profitable and meeting all its debt obligations for the share price to stay in a normal range anymore.