Originally Posted by
KenHamer
But once the current ride is over, or even just slows down a bit, then Air Canada will pay dearly as they'll no longer have packed planes, and with thin margins they'll be losing money where others will still be profitable.
Then Air Canada will still have large numbers of very uncomfortable seats. Only many of them will be empty.
LOL.
Go back and read your prognostications of AC, their performance, their stock potential.
You're what we call an auto-fade in the equity game ...
Wish you would have put your money where your mouth was and shorted AC @ $4 when you were "confident they'd give back their gains".
But you'll sit here predicting doom for an airline stock. Gee, what a bold prediction for an incredibly cyclical segment. Just wait it out, might be months, might be years but it will happen. And then you can tell us all how "you knew this would happen all along". Perhaps when the AC labour relation issue rear their ugly heads again? Perhaps if oil spikes? Perhaps if Canada slips into recession? But, you sir are way ahead of it all. Much sharper than us - you know it's coming. You've been predicting it for many months.
In the meantime, we'll just have to take your wise word for it I guess.