RE:RE:We have to keep calm with Air Canada. Rexrex,
Congratulations on your words, Air Canada will indeed be the only big carrier in Canada, moreover it is not excluded that Air Canada buys other companies elsewhere in the world. My senior friend at Air Canada, I confirm that Air Canada is really solid, they have a lot of liquidity, cash available.
I understand that we are in a period of uncertainty but there is too much good news concerning vaccines yet another news in the morning concerning Russia which asks WHO permission for their vaccine Sputnik V + Moderna + AstraZeneca + Johnson ... etc in november it is certain that the postive news will arrive with the vaccines. Yes I understand that it will take several months to vaccinate everyone on the planet but the MOST IMPORTANT IS THAT THE VACCINE WORKS and the answer is 100% YES.
The financial balance sheet of Air Canada on November 9 it is possible to see the price go down but in my opinion they will release the news of the federal aid just before to boost the share price. My strategy will be to buy as many Air Canada shares as possible to lower my average.
We must look at +/- long term say 6 months the share price will easily be at $ 35 and in 1 year +/- $ 35 to $ 50 or even more as you say Air Canada will be made really BIG with the Buying Air Transat the share price can go much more than $ 50, $ 75 ... etc depending on the global economy.
I tell myself so already that the share price is going to + $ 35, this is excellent to make 100% profit within 6 months.
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