Originally Posted by YVRYEGYVR

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?