RE:RE:not all rosyAC now has a P/E of 200x which is crazy, even for a buble tech stock. You're better off buying Westjet with 75x the earnings of AC.B. Unless Air Can earnings jump drastically in the next quarter or two, Air Can is more of a speculative stock trading on hope.
After all their cost savings they could only eek out 3cents per share. The Share price has grown in leaps and bounds but at this point, I'd be nervous to get in.
I'd rather ride Chorus' modest share appreciation and dividend. Once the arbitration is resolved, expect a big jump if it goes Chorus' way, and an even bigger one if they reinstate the dividend.