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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 > How many shares shorted?
View:
Post by TELEMARKER on Sep 15, 2024 3:11pm

How many shares shorted?

keep in mind latest report is a week or two old
Comment by 1condor on Sep 16, 2024 10:11am
Shorts certainly arent coverning on this news and are holding firm. Think the stock will close in the green??
Comment by JackWabbit on Sep 16, 2024 2:30pm
That's a good one! Will it close in the green? Lmao! 
Comment by 1condor on Sep 19, 2024 2:02pm
I sold my stock this morning for a small 5 percent gain. I just dont see the shorts running for the door. Very unusual trading to say the least. Good luck everyone. 
Comment by sumac33 on Sep 19, 2024 2:19pm
You should hang in there if you are investing longer than a day trade. !!    https://www.msn.com/en-ca/money/topstories/great-news-for-air-canada-stock-investors/ar-AA1qQpIk?ocid=msedgdhp&pc=U531&cvid=3de7d78408384100828734cfa66c1876&ei=22#comments
Comment by Nordico on Sep 19, 2024 3:14pm
Odd decision. When the pilot contract is ratified, this will see another $1 boost to the SP. If they vote no it will just result in gov imposing binding arbitration, which will similarly boost the SP. Hold for guaranteed gains.
Comment by 1condor on Sep 20, 2024 10:43am
Nordico...I am a short term trader on this one. I just didnt like the trading pattern that occurred on the stock following the strike news. I decided to take my quick 5 percent gain. I may reenter the stock again as the stock dips below 16.
Comment by Contrarian333 on Sep 19, 2024 4:54pm
I sold my shares mid August at a loss and replaced them with some out of the money calls.  I used the proceeds from the share sale to trade a position in Groupon and partially recovered my loss.  Subsequntly turned the capital over again and traded a uranium explorer and have recovered my capital + still have the long AC call exposure.  Phew.
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