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Thread: What drives Air Canada's stock price?
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Old Apr 21, 2020 | 9:06 am
  #429  
Adam Smith
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Originally Posted by vernonc
any thoughts on AC stock ? Buy ? Wait ?
What's your risk appetite?

How does AC's balance sheet look as of March 31? How long will the lockdown go on? How quickly will travel recover? Does AC need a bailout that's going to be highly dilutive to shareholders? Or will the government provide a bailout that doesn't cost shareholders much? Does AC need a bailout at all?

At $18, it could be a steal, or it could be massively overpriced, depending on those factors and more. It's like gambling at the casino to trade anything travel-related at the moment.
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