I remain confident with my moves with AC, all done below 15$ avg just under 13.
I agree, I would never use leverage and money I'm not comfortable not seeing again on a play like this, but
AC will not fail, gov will not let it, customers are eager to get back travelling, maybe leisure more than business, but once the all clear comes + maybe some time, AC and other carriers will be profitable.
However, the time horizon is key, several years for sure. Anything shorter than one year is pure speculation and there likely will be roller coasters for some time. Sadly things will get worse for AC before its better. I trust society would completely normalize regionally before going global. I need to be able to go to my local restaurant before I can travel half way around the world in petrie dish. This puts "normal" for AC well behind normal for the local restaurant, and that's still far away imo.
Last edited by YVRYEGYVR; Apr 21, 2020 at 12:03 pm
Reason: avg under 13