RE:A Slice a Day
Full disclosure. I'm not in AC. I should short this stock. It will go down further. I got out of airlines awhile back when I saw the run up happening too quickly. But like I said, I think AC will fall further. I don't see it run up as fast as it did before either. Where will investors find the cash when they have been cashing out at a loss. Lots of bankruptcies ahead. Also, many people will have lost confidence in the stock market and will never get back in. As for AC helping Canadians get back home? Haha good one. AC is an airline business. A business. In fact, I had checked some flights a couple weeks ago, because I was going to go on a vacation which I've had to postpone, and the prices were outrageous. AC didn't bring back Canadians for free! Every single customer paid for their flight and paid dearly. They even charged a premium for people to come back home!! Now they've announced a discount for travelers flying within Canada. I checked. It's regular price!! Meaning they were charging double before. You buy a stock because you think it's worth x dollars. Well buy away then. I wouldn't put 1 cent into this company until it hovers around $0 -What I think AC is worth. They're going bankrupt for crying out loud! You need a bailout because you're unable to run your business means you're not making any money and running a deficit!!