RE:RE:Last time AC saw guidance upgraderiddle5 wrote:
ERTguy wrote: In between Qs was April of 2014. AC ran almost 100% in 2 months afterwards. This upgrade is far more significant as it blows all analysts projections out of the water. Normally I would say as a technical trader to buy at the gap fill but this is indeed a "buy the news" scenario. There's nothing but tailwinds for this stock over the next few months and I bought again today as a result. There's no reason not to expect mid 20s by late fall. Cheers
Just to be clear, you are suggesting there is no more colsolidation happening between 16-17.5?
AC seem to be on a Bull run, but given the gaps it has skipped over and the logic(none) that usually dicates the moves for this equity, I am nervous that markets would find this to be a good time (i.e sell, when everyone wants to buy on euphoria) to take profits and run this down- before back up again.
GL
Cheers
this has nothing to do with hype hence all those breakaway gaps. There were solid fundamentals to back all those recent moves and I expect more to come over the next few months. There was a massive breakaway gap with cargo jet a few years back when it popped from $14 to 18 in a day and never got filled. Investor day might be another melt up since I expect the word "dividend" to be on the table this go around. The fact is this stock is subject to more rerates simply on it's undervaluation to peers, not including the significant fundamentals we have seen to back such moves. Cheers