FlyerTalk Forums - View Single Post - What drives Air Canada's stock price?
Thread: What drives Air Canada's stock price?
View Single Post
Old Aug 2, 2024 | 9:16 am
  #607  
YVRYEGYVR
10 Countries Visited
20 Countries Visited
30 Countries Visited
5 Years on Site
 
Join Date: Jan 2018
Location: YVR/YEG/YYZ depending on day
Programs: E35K, FPC Platinum
Posts: 408
I have a cost average of 18$ on AC.
Contemplating buying this dip.

I've been flying YYZ-YVR 2x/mo for the past year, almost every flight was full. I had expected a confluence of factors, general bull marketc, increased travel, more time since covid restrictions, always full flights, decent MD&A, stable fuel prices, I notice flight staff are generally more helpful and happy.. I was bullish.

Latest price drop is tempting, but now all the market conditions are suggesting more bearish trend... but I think I would start buying under 15 and bring my cost average down.

Plan is for long term, 2yr+ hold, and target around 25?
YVRYEGYVR is offline  
Reply