Air Canada T.AC

Surprised....

[sunshine7]

AC did not participate more fully in this AM rally. The wealth effect kicks in for those most able to fly and booking demand should pick up in time for holiday travel. Increased demand meand higher prices and profits IMO.

[Veecee1]

Day not over, AC always late to the party, shorts are panicking 

[Returns2021]

LMFAO, looks at this poor clown bagholder.  There is no rally for AC because it has nothing but downside left.  One of the worst large cap stocks in the TSX.  Much more room to fall in the months ahead, you will see below $5.  By the way, TSX now up 3.5%!!!  

[Returns2021]

I LOVE THIS, LMFAO.  How are you enjoying the big shaft, LOL.  Too funny.  

[givemeabreak1]

Not so surprising!  Remember Canada is not the US 1.  Americans tend to be more invested in the market than Canadians 2.  The US had a massive Housing Correction back in 2008 Canada did not so we have the most overvalued housing market in the world. 3.  Canadian Mortgage debt is higher so more succeptable to interest rates. 4.  Personal Bankruptsies or insolvencies

[givemeabreak1]

I will stay with my $15 prediction by year end. After that who knows but $5 to $10 a share in the short term appears more likely than $50.

[easydough]

What's yur prediction for Royal Bank $4.00?

[easydough]

I see CIBC Capital Markets has a target price of $30 for Air Canada. 

[sunshine7]

I agree. 1% probability 50 and 2% probability of $10. Most sane people make up the other 97%.

[givemeabreak1]

Sunshine I agree with the 1% for $50. I would also agree with the 2% for the $5. However, the chance for $10 is more likely closer to 10%.

[Veecee1]

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