AC Earnings:Everyone is talking about AC earnings & cash flow for the 2013 year but their biggest gain will surely be on the pension fund defecit. Last year they made $600M up off the defecit and with this years market performance, the defecit make up will surely be much larger. The pension defecit is what was keeping the stock back. With one or two more good years of market performance, their book value should hit black numbers and they could be eligible for dividend payments.
I'm predicting this stock will move up in February as RRSP money becomes available to the large investment accounts.
I believe long is the way to go for 2014.