RE:RE:The problem with this board.....but basically your just echoing how the stock has performed in past 3 years and based on that you predict the same for future years ....
Ironically, I used the last 3 years only to explain that the Ac stock has little chances to go under 17$.
The 26$ expectation is based on the current position not the last 3 years.
No, I am not an expert on SP, but I can see that the AC actuel risk\reward proposition has nothing in commun with the 2012-2019 one while all the lights are green (the stock market, operations, growth, deleveraging, competition, costs....and confidence recovery for AC). That situation delivered a 12 B$ market cap at its high.
On the other side, we tests many times the lows in the last 2 years. At 18$ , the current price is a secure position.
My 26$ (9 B$ market cap) is not a prediction, it is a reasonnable expectation given the strenghts of AC (market dominance, diversified product (seats offered, destinations) , Aeroplan) but headwinds too ( manpower costs, oil volatility, no-fly zones, competition in domestic flights).
Ironically, I used the last 3 years only to explain that the Ac stock has little chances to go under 17$.
The 26$ expectation is based on the current position not the last 3 years.
If you write that this kind of text is the real problem of this board.............I easily understand that it has a low level of activity, living almost only by pumping and bashing posts.