Nice.

That's probably as close to lotto as you can get in the finance word.

Actual respect for being 100% truthful and honest about your investment strategy ^

So here's my free advice. Take it fwiw (ie. just a random FT post).


There is a lot of merit in the concerns that many express with regards to the long term outlook of the airline. It is undeniable that the environment may soon shift and be even more hostile to the airline industry than it has been in the last couple of years; a huge downwards pressure on revenue and uptick in cost could quickly flip the script for many carriers.

Nevertheless, don't forget that just like "good waves" never last, "down waves" can also be toughed out. Just look at the Canadian housing market. I know more than one financier and economist with half a brain that had some serious doubt we'd make it through even 2013. Yet here we are with an interest rate hike and major GDP growth figures.


As much as there are nut jobs out there, you will also find many great thinkers and problems solvers that set up contingency plans that save the ship when the storm rips the sail.


The worse someone could do in a situation like this one (the current AC stock rise), is assume that AC is run by the same team that drove the corp/crown corp to the bring of bankruptcy. It would be as foolish to think that "AC is bound to .... up" as it is to think that "AC is full of superstars that will raise the stock to $50/share".


But then again... the market can be irrational... and for a very long time. Sometimes long enough to convince me I'm wrong, just to find out I joined the laggards.



Oh. And as for your investment. Don't forget AC has a largely paid for (correct me if I'm wrong) A320 fleet that can be parked tomorrow, and delivery of the 737-max scheduled mostly for 2019.


Enjoy.