RE:A Rare PREDICTION on AC Stock PriceThis stock is unique.
With its high level of assets, results could swing very fast. We have seen that in 2016/2017 when EBITDA double in one year and in 2020 with cash burn of 15 M$ per day.
We will see again soon with the ''travel boom'' and maybe after with the stabilisation of the industry, the full contribution of AEROPLAN and the renew offer of cargo.
We cannot discard the possibility of a 100$ SP.
Look at the surges, they are clears, strongs and quite fast. That happens in 2017 (from 12$ to 24$) in 2019 (from 24$ to 42$), in 2020 ( two 23$ and one 27$ surges); an indication of a strong ''sex appeal'' of the stock. This stock is on the radar screen of larges investors, give them reasonnable hope and they will rush to buy it.
The key is to be there before them.