RE:Warren has not purchase airlines.Not sure what you mean. Warren Buffet had all kinds of Airline stocks.
The idiot sold them all in a fit of panic and about three days later they all more than doubled in SP. He must have lost millions on that brilliant move.
I don't care what Warren Buffet does. It's time for him to step away from the game.
No matter how well AC is doing under the current situation people still complain and whine.
Everybody and their uncle is more than ready to get on a plane and get out of dodge. Once the vaccinations ramp up and restrictions loosen Air Line Stocks, Cruise Ship Stocks, and Travel Company Stocks are going to head for the stratosphere.
So many investors want instant gratification and that's why they lose money. I bought at 12 and will sell at 50 and that scenario is much closer than many might think. I don't really care how much the stock fluctuates between now and then.
AC will probably go up $5 the day after the USA/CANADA border restrictions are loostened. And then look out.