RE:RE:RE:RE:Too quick, too soonNelly15 wrote:
I am in at $14 and riding this back to at least $45. It is a national carrier and there is NO RISK of this stock ever failing. I am up around 40% ish give n take already. Just like some cruise lines that tanked from $135 USD (RCL*) and I am already up about around 30% on that. People that do not want to play the long game need to take their few dollars a share and run. AC is a guaranteed 3 bagger with some patience. If anyone wants to gamble and try to make a few 100% in a day or 2 then the OTC is for you. JMHO AC $$$$
Will you be riding this down to $5,or lower? I agree,very little risk of AC failing,however,I believe there is a good chance that the government will have to take a stake to prevent that.You heard Trudeau....normalcy will not return for 12-18 months(when and if there is an available vaccine.)No way will there be a return to full capacity flights for,perhaps,years.When the economy starts to re-open,social distancing will have to remain...you know what that means for air travel....25-35% maximum allowable capacity.Besides,lifting restrictions of international travel will probably be the last step in re-opening the economy....international travel is exactly how the coronavirus became a pandemic. My opinion.