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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

Bullboard Posts
Comment by Soundsoftranceon Feb 13, 2014 6:04pm
250 Views
Post# 22207417

RE:Tell Me...

RE:Tell Me...The funny or sad thing is, nothing has changed.  It's quite simple, people remember the bad and hardly ever remember the good.  It can't even be called a correction because it's WAY over corrected. Let's be clear about one thing, don't kid ourselves and say it can't get any worse, because it can and it probably will.  The only factor keeping this from unraveling is the turnaround story thus far. At least with that, people can see the light at the end of the tunnel but it's a long long tunnel.  Without that light, we'd likely already be in the 3-4 dollar range.  It takes quite some time to build up a stock when "news" is great.  It all comes apart far more quickly when it's not.  Patience will pay off but I don't and can't blame the ones who are frantically selling, at some point if you keep seeing red you have to cut your losses and move on, either that or hold until it hits zero, which it will NOT go to that.  Never catch a falling knife so the saying goes, looks like it has more to go before it learns to levitate and hover.

Hard times for this stock, most definitely yes and EXTREMELY crazy too.  Even analysts who lowered their price targets still rate the stock a buy or outperform in most cases.  Anyway, I/we did say that if it was bad news run for cover because it would affect the stock but I never expected that it would affect it this much.  Insanity at it's best!
Bullboard Posts