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Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s):  ACDVF

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... see more

TSX:AC - Post Discussion

Air Canada > Great Stock LONG TERM
View:
Post by CanadianKia on Dec 20, 2021 9:52am

Great Stock LONG TERM

wait for the price to drop under 15, hopefully even $10 bucks again and buy in.

Eventually travel WILL go back to normal. if your buying at 10 and it goes back to 50, youve made some good money. Flights will go back to normal some time end of next year and this stock should go through the roof with all other airlines. it was at 50 before Covid. 

IMHO
Comment by Dividends on Dec 20, 2021 9:57am
It won't go to $15.  people know omicron will be bad in numbers but it won't be forever. Boosters available etc i think $18-$19 is good and I'll sell as it goes back up. AC won't be paying dividends again any time soon 
Comment by CanadianKia on Dec 20, 2021 10:00am
im more hoping in a selfish way it will drop as low as possible. i think this is easy money LONG TERM (1-2 years). making 3x4x returns aint bad. turn 50K into 150K, not a bad return. 
Comment by Dividends on Dec 20, 2021 10:01am
Yup gotta feast on the panickers it's all speculation 
Comment by Dividends on Dec 20, 2021 10:06am
Gonna play it by ear when to sell but I think just under $30 is good  have a hard time believing this one will go back to pre covid levels 
Comment by CanadianKia on Dec 20, 2021 10:11am
There is pent up demand for travel and all tourist spots around the world have been dry for 2 years. once everything is good and the world can travel like before, i think we are going to see sky high rates and tons of travelling. AC would benefit tremendously from that and that's why i think 50 price that it hit pre covid is actually too low. i think it will go MUCH higher, maybe 60-70 as ...more  
Comment by GreenSleeves on Dec 20, 2021 10:18am
Business travel is GONE FOREVER so it will never go back to "normal" accept that and adjust to it.
Comment by CanadianKia on Dec 20, 2021 10:21am
I disagree. My AMERICAN company was doing busiiness travel on a routine basis as of Sept 2021. It had gone back to normal. 100%. the only reason it stopped was due to the direction from the Canadian Government. travel will go back to normal. Working from home 3 days a week is the new norm. I still need to meet with my business partners and that requires travel.
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