Not a liftoff yetThe feb 14, two days before the Q4 results we were at 18,39$ (I don't count the one day spike at 19,26$ feb 15).
After the 3 expected catalysts ( Q4 results, investor's presentation, deleverage) we are at 18,95$ a 3 % increase.
A performance slightly under the market ; S&P /TMX is 5% and the S&P 500 at 4% for the same dates.
The liftoff is ahead again.
The market resistance is impressive, Investors ask a lot to AC before being convinced.
it's like driving with the park brakes on.
I don't have any doubt that AC desserve a better SP but I began to expect a long slow road, not a surge which would have been the normal reaction for an undervalued stock.