My short term opinionNot reporting monthly LF - Great move.
Obviously we will get less info on how well AC is doing, but on the other hand all of the great news AC is pumping out will now be given its deserved weight. The LF metric is "how its always been done" mentality. In todays airline world there is allot more flexibility. AC management is showing true leadership by carving out a new path.
Post Q4 in the past - Patterns
If you take a look at prior post Q4 reporting AC share price drops a few. But come March/April here is a bit of positive momentum. Being as oversold as she is already and having a semi established floor at $7 (hope that sticks) I dont see why this wont happen again.
Today - Feb 19th
Fridays are in the market are like fridays at the corner grocery store: Absolute chaos in the last hour.
I think we are going to see true market sentiment for AC at 3 pm.
Im tempeted to buy more shares close to $7.00 now (Morning) hopeing for an end of the day rally, but im also thinking that at the end of the day there might be allot of short preasure.
Just my opinion....