Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.

TSX:AC - Post by User

Air Canada > Shorts covering?

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Comment by JuIieRichardson Dec 07, 2023 3:10pm

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Post# 35773684

RE:RE:Shorts covering?

Incorrect information.

IIROC, November 30 update, 7.515 million shares shorted, that is a negligible 2.1% of float (358 million shares). Next update of CSPR (Consolidated Shorts Position Report) will be on December 15. Though there has been tonnes of bearish chatter, there has been very little serious effort put into taking on large shorts positions. Cuz the trolls don't even qualify for a margins account.. yeeee haaaaaw.

Most of the trolling has been targeted to get casual retail shareholders to sell their shares at low prices in order to keep some daily flow of shares. Wealth always flows from impatient hands into patient hands.

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