FlyerTalk Forums - View Single Post - What drives Air Canada's stock price?
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Old Mar 17, 2020, 9:21 am
  #405  
Stranger
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Join Date: Jun 2003
Location: YYC
Posts: 23,808
Originally Posted by jerryhung
OUCH (as AC shareholder)
how fast things change, and I'm never BTFD again

-18% today $18
https://www.bnnbloomberg.ca/stock/AC:CT
Open 22.84
High 22.84
Low 15.65

52-Week High 52.71
52-Week Low 15.65
Didn't your mom teach you never to buy airline stock?

You'll be lucky if they don't end in bankruptcy protection. Which should be a requirement before a government bailout.

We have about 2/3 of our savings in cash or fixed income. Turns out being conservative was a good idea. Of course we could have had 100%...
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