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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 > the scary part
View:
Post by Pachuko on Jun 14, 2022 8:13am

the scary part

A laymans take on investing today

If you take an overview of Air Canada and its entire history the expectation of a return to 2019 share price peaks might not be sensible. If you take out 2019 you get a better sense of how the share price has performed overall. 2019 may have been a year we look at as a simple blip in the market. A year where the investment market made out like bandits, From there we have seen significant losses in 2022 to most major companies who for the most part are all back to pre peak norms and some even lower.

Is this a major investment moment or a return to norms? Corrections in the market can last from five to fifteen years historically so if this correction is anything like some of the downturns we have seen in the past this may not be the greatest moment to be buying on the dips. They may be more than just dips and you may see your money stagnant or worse for many years to come.

Economists are split at best on inflation, recession, gdp expectations etc. It would not take much right now to see more big drops. The market is on extremely shaky ground right now. It is hard to see a huge upside right now. The interest rate hikes will continue and getting inflation to return to under 3 percent looks to be still a long way off. If we start to see business failures and mortgage defaults it could get a lot uglier before it turns to sunny again.

Not liking the sentiment right now but is there going to be a major price return to 30 and then to 2019 from there? Maybet but it might be three to five years away if at all. It was only five years ago that this was a 13 dollar company. Many things have changed since then but many things are changing right now as well. 13 or 30??? Not sure anyone really knows at the moment.
Comment by Veecee1 on Jun 14, 2022 9:35am
nice story, did you get it from the Motley fool
Comment by Pachuko on Jun 14, 2022 9:38am
nope don't read the fool. Just my two cents. 
Comment by factoman on Jun 14, 2022 10:19am
"A LAYMAN's take on investing today" - definitely!
Comment by Pachuko on Jun 14, 2022 10:22am
well what is your take genius? Another day in the tank today.
Comment by factoman on Jun 14, 2022 10:43am
CFO recently bought $80,000+ in shares.  That is a signal to the market.  You know that.
Comment by CrashonTrees on Jun 14, 2022 10:49am
80000$ worth ? Peanuts, wake me up when he buys 80000 shares 
Comment by TheGrapeOne on Jun 14, 2022 10:52am
This CFO?  the guy who just sold $445,000 worth a few months back? What does that signal to the market?
Comment by factoman on Jun 14, 2022 10:56am
Options expire.  Sell them or lose them.  
Comment by Invinciblone on Jun 14, 2022 11:02am
or buy them or hold them..... someone who wants to show confidence in his company would have bout and held those shares lol clearly you know very little about options  
Comment by factoman on Jun 14, 2022 11:12am
CEO holds 111,905 shares, CFO holds 17,043 shares...i know, i know, not enough according to troll logic.
Comment by TheGrapeOne on Jun 14, 2022 11:42am
Gonna keep going with this eh? Ok hey look listen,  you posted that the CFO bought $80k worth and claimed it showed huge confidence in the comapy. I posted hey maybe check your facts because the same guy just sold $445k woth lol so if buying shows confidence then selling shows a lack of confidence by your logic he is 5 times less confidant in the company..... You can keep posting but it ...more  
Comment by factoman on Jun 14, 2022 1:45pm
Ok hey look listen, you posted that the CFO bought $80k worth and claimed it showed huge confidence in the comapy.  My post was that the CFO purchased $80,000+ in shares as a signal to the market.  Usually, when either CFO or CEO acquires a relatively small number of shares, he/she is signalling to the market that the analysts are too conservative in the upcoming earnings report.  ...more  
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