Chorus Aviation Inc T.CHR

Non-stop bids

[SleepingGiant64]

Someone has to know something, right? You couldn't get a sustained bid in this stock for months and now every dip is bought, up 35% in a couple months.

[flamingogold]

While this is not quite the same company as before, this restested covid lows.... 4 years later despite travel back at pre-covid levels! This was oversold and continues to be.

[SleepingGiant64]

There is huge value here and it's not hard to understand. The value of the planes they own is around double the EV. The worry here is that they get worked over in a sale of Falko (just like when they bought it) because the management are clowns.

[flamingogold]

Let's not forget also that 40 year high inflation followed by the fastest rate tightening cycle in decades and the fear of a hard landing helped to crush debt heavy equities like the REIT sector and Chorus. The hard landing never materialized and now we are looking at a possible rate cut cycle here in Canada and the US which will take the pressure of these debt heavy corps. In fact, yesterday