RE:Should go tom a dollar. Not worth more than that."WHO IN HECK WOULD BE BUYING THIS AT THESE PRICES ???"
Perhaps it would be people who understand AC's place n the world aviation system.
There will, no doubt, be challenges ahead but aviation will recover and AC is positioned to recover faster and better than other airlines.
There are many investment strategies; momentum investing, value investing, being contrarian, day trading and an argument could be made for each of them. Building a long term portfolio of high quality investments by taking advantage of price corrections and (relatively) brief market turmoil has been proven to very successful strategy. If your timeline is measured in years rather than days or months AC is a very good chooice. If you expect to cash out within 6 months - it's anybody's guess where the price will be.