Originally Posted by
Bohemian1
And yet there's a bunch of analysts rating this as a buy.
The current situation is not something AC typically listed as a risk in their annual report. I suspect AC, and the industry as a whole, may start doing so going forward. As exceptional events go, this one is pretty exceptional. And material.
Of course they rate it a buy..but dollars to donuts they are not buying the stock themselves.
My online trading company gives a little chart of how whether a stock is bullish or bearish. I look at it one week...90% are bullish, a week later that number is 30%. Most of it is just nonsense.