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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
Post by Soundsoftranceon Jun 12, 2014 10:29am
215 Views
Post# 22653154

Buying Opportunity

Buying OpportunityI hope there aren't too many more but today was a closing down sale!  Got in at a low price point (I can't say the very bottom) but it was near there and caught the bounce up.  Makes me a little unhappy I bought at 10.27 the other day.  All good, averaged down and holding for June loads + Aug Q2.  I even managed to tap my margin account given what I felt were prices that we should have not seen again.

Keep an eye on he Canadian dollar, it seems to be doing well and keep an eye on that oil number which seems to have caused the big drop yesterday and today.  See Ksycheng, not to stir the pot but you can't really predict this stuff.  Until the US Gov't announces their numbers and usage of oil, all was okay.  Now that the numbers are out all went to poo poo.  Luckily for all of us, a plane hasn't fallen out of the sky, then we'd all be in serious dire straights.

Hope you're buying on these dips and keep that trailing stop far far away.  100% in play, 100% of the time!
Bullboard Posts