Originally Posted by
Shareholder
Let's just say in this regard, AC's team has transformed the airline into a relatively stable operation with a credible face in the Market. As I posted the other day, I don't see the stock rising above $10 for any sustained period of time and it is more likely to be "normal' in the $8-$9 range...which ironically is where the stock was when the original company's stock was first issued back in the 1980s and where it languished until the CP/AC/ONEX take-over battle of 1999/2000. (Yes, these are actual constant dollars, not adjusted for anything.)
Largely agree, though I think $9-$10 can be sustainable. I think it'll flirt with $11 but ultimately never steadily stay above 10.50