RE:RE:Is the air canada deal going to be done in May 2020?I also think the deal gets done... Limited downside due to Group Mach.
I think it's a great opportunity to get decent returns without having exposure to the overall market consitions. I think timing and regulatory scrutiny have pushed it down too far.
BUT, I'm not sure this is where to buy it... It's been repeatedly bouncing back to sub 15.5$ and off 15.3$.
That being said, sometimes trying to time your purchases can be tricky... So if 12% (well, 13.4% at today's close) is enough for you and you don't mind the volatility, buy it... But I would personally wait for a better return, probably for a flush down under 15.5$
The real juicy returns were when it dropped sub 14.5$... And nothing really changed since then. Crazy to me.