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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 ERTguyon May 11, 2017 6:22pm
243 Views
Post# 26234118

What an insane day today

What an insane day todaybetween this stock and HCG today has been absolutely nuts.  Today's news from AC was completely blindsiding to the market (in a positive way of course), and extremely bullish for the coming few years ahead.  That long term resistence at $15 now blown away should result in smooth sailing to the $20 level.  I never saw this catalyst coming but I'm not complaining that's for sure.  I may consider buying AIMIA tomorrow actually if there's a dip below $3.  It's a negative for that company but I think the 62% drop presents a significant buying opportunity.  As for this beast we should see $18 by investor day.  Cheers
Bullboard Posts