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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 6:39pm
264 Views
Post# 22207512

RE:Over priced Stock

RE:Over priced Stock
nrv0909 wrote: This stock has been really over priced, it's right value is $2-$3 per share and that's being overly nice. It's going back there shortly, airine stocks are like that. I won't even buy at $2. I will by at $1 per share.

In 2009 i bough it at .97 cents per share, and it will get back there. The right price to sell is $1.49-$1.79

For those who bought at $9 or $8 or even $7.... It's going to be at least 3-4 years unitl you get that price. You won't even see$5-6, you will once wish you sold it at $5.50, so sell it and take your loss and invest in another stock like FNI, up 80% in two days. 


So with what you've just said, I'm going to call you out on it.  How did you come to that valuation?  Is it something you pulled out of the air?  Is it a gut feel?  Do you have actual numbers to support what you're saying?  Anyone can speak their mind but throwing out valuations with no support is like me saying AC is going to be a $500 dollar share.  It is completely unsubstantiated, it boggles the mind to be honest where some of these numbers come from, care to bring me up to speed?
Bullboard Posts