RE:Another disconcerting day for AC shareholdersAC stock has a tarnished reputation from the 2000s & investors have long memory. Much like Delta, things are turning around and investors are getting more & more value with consistent profits. Let's face it, if a recession comes, airlines get beat up. But with a much better balance sheet, AC is in a much stronger position to whether a storm.
When institutional investment kicks in, you will see support on the stock above 10$. For now, investors are cautious. Don't add more then 5% of your portfolio, but if you have some funds to invest. The fundamentals are slower looking better & better!