Institutional buying/ short squeeeeze He we go again , witnessing more institutional buying today , which is most likely contributing to people selling their short positions . There are A LOT of short positions in this stock due to the nature of the possibility of a pilots strike (resolved ) . So here is my take on this stock ..... The combination of short sellers being slowly squeezed , institutional buying , possibility of AC getting involved with the high speed train in Ontario, and the earnings report coming out in 8 trading days ( November 1st , before the bell ) that will most likely announce a huge stock buy back will drive this stock up considerably more than it is atm. No hype , no bull, it's all in front of you to see in the market . Air Canada stock is still cheap in relation to where it will be . Twenty bucks and under will soon be a steal of a deal .