RE:Bounce!"
I am certain we all wish, including myself, that we pulled the trigger to sell at over $28 but I know I did not and blame no one but myself and second guessing is human nature as well as greed." Could this be a little history ready to repeat?
Invinceableone wrote: I do not claim to be a prognosticator in anyway shape or form, however I believe that AC is positioned for a significant Bounce at this point. We have incurred nothing but negative events thus far over the past 30 days and there could be more negative events to come. However, it is my belief the market has already accounted for that.
Possible postive events on the Horizon:
1. J&J Vaccine approval
2. Government Assistance (Ineveitable in spite of Dumb and Dumber's pandering in an attempt to garner votes)
3. A significant downward trend in deaths and Hospitalizations (resulting from Quarantine measures & Vaccine effectiveness)
4. Q4 Financial Results (not as detrimental as anticipated and surprising Cargo business revenues)
5. Air Miles Collector Affiliations impact and revenue stream
These are a few pivitol events that will create and upward trend and stimulate significant Institutional Buyer's, and shorts will get caught with their pants down and margin calls will be imminent, which in turn triggers more positive buying activity. This is all in IMHO as stated I am no pognosticator and a stock that is financially positioned the way AC is compared to it's peers has significant underlying value that is merely subject to fear mongering, market pressure, shorts, and lack of Goverment intervention from an inept Drama teacher who treats Canadians as if they are his students and he will punish us if we get out of line!
I keep reviewing why I am in this stock as heavily as I am when negativity creeps into my mind, and the core value of the stock still resignates with me as Travel will return in a big way and is ESSENTIAL to everything we know and have attained as a country. It is imperative to growth and necessary stimuli for any G7 Country. It's easy to loose site of these facts when constantly bombarded with negativity, but it is important to ask yourself why you invested in the first place. For me nothing has changed and I firmly believe in the core values of this stock. I am certain we all wish, including myself, that we pulled the trigger to sell at over $28 but I know I did not and blame no one but myself and second guessing is human nature as well as greed. So I am here till the end so to speak, and am going to stay focused and hopeful that the above possitive influences may drive the stock back to it's true market value, when and if they finally occur! I wish all Investors well and I mean Investors as I do not consider anyone who is shorting a stock of this prominence and core value a valid Investment strategy. You are in effect gambling on the degredation of a Canadian staple that is inheritantly vital to out Nationalism and future growth as a Country and therfore difficult for me to garner any respect for these types of Individuals. This is not a fledgling stock with not credibility or hype driven. please keep that in mind when Investing and again I stress the word Investing, their is a big difference here!!! Good Luck eveyone!