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What drives Air Canada's stock price?

What drives Air Canada's stock price?

Old Nov 4, 2016, 10:35 pm
  #211  
 
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Originally Posted by Jumper Jack
So many six figure paying quants just got triggered so hard lmao
If anyone smart enough to be a quant honestly believes in technical trading, they should be immediately exposed and fired by their colleagues.

Maybe they can go work for AC RM or something.
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Old Nov 5, 2016, 4:27 am
  #212  
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So up 0.5% over the month, 3% over the year.

I suppose in spite of all the $20, $40, and higher predictions it's still better than a savings account, though probably not as safe.
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Old Nov 5, 2016, 9:17 am
  #213  
 
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Originally Posted by Jumper Jack
So many six figure paying quants just got triggered so hard lmao
Six figure? No wonder they get triggered so easy, they either are underpaid or not that good
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Old Nov 5, 2016, 10:27 am
  #214  
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Originally Posted by KenHamer
So up 0.5% over the month, 3% over the year.

I suppose in spite of all the $20, $40, and higher predictions it's still better than a savings account, though probably not as safe.
When Ottawa increases the foreign ownership cap from 25% to 49%, analysts claim American institutional investors will rush in to buy AC shares and move them up into the $20 range, still half of what the three US majors are going for. The only people who should still be holding AC shares are those who bought them in the <$2 range, seen the $10 rise (and maybe sold off some of their shares to profit take).

The market was waiting for AC to prove stability, which it now has. That's why it moved from <$2 to its current $9-$12 range now considered its floor.
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Old Nov 18, 2016, 9:48 pm
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new 52w high, OVER $14

Rising with US airlines as well
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Old Nov 18, 2016, 10:03 pm
  #216  
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So I guess Buffett will be buying AC as well?
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Old Nov 19, 2016, 10:07 am
  #217  
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Originally Posted by KenHamer
So I guess Buffett will be buying AC as well?
He was rather far behind the curve, since AA was selling for <$20 when it emerged from bankruptcy protection about a year ago. Right now the "high" flying stocks are marijuana companies which seem to be doubling in price every week!
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Old Dec 15, 2016, 4:30 pm
  #218  
 
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Very amused to see that AC stock is a top pick for 2017 by RBC. See Globe.
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Old Dec 15, 2016, 4:44 pm
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Originally Posted by Bartolo
Very amused to see that AC stock is a top pick for 2017 by RBC. See Globe.
Happy to see that, $18 target (and FYI no other airlines made it in its Top Global picks)
TD also had AC on its Action List Buy forever with $24 target

It's crazy how much US airlines have run up since Trump-win
DAL, AAL, LUV, UAL, ALK, JBLU, etc...

Who knew investing in airlines would be profitable...and it all started after BRK investment
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Old Dec 15, 2016, 10:29 pm
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I hate this thread

I sold at $1.65 (still, that was a 35% profit on the buy price)
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Old Dec 15, 2016, 11:30 pm
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You know how they say it... history is always doomed to repeat itself.... over and over again
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Old Dec 16, 2016, 6:36 am
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Originally Posted by Jumper Jack
You know how they say it... history is always doomed to repeat itself.... over and over again
Yes and history is some making money buying a particular stock, and some lose with the same stock. Timing, as always, is everything.
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Old Dec 16, 2016, 11:39 am
  #223  
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Originally Posted by mapleg
Yes and history is some making money buying a particular stock, and some lose with the same stock. Timing, as always, is everything.
pretty sure the retail investor lost big on AC and the institutional guys made a fortune.
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Old Dec 16, 2016, 12:23 pm
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Originally Posted by flybit
pretty sure the retail investor lost big on AC and the institutional guys made a fortune.
You saying I should be institutionalized? I have sometimes wondered!
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Old Dec 20, 2016, 9:54 am
  #225  
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http://www.fool.ca/2016/12/20/why-wa...of-air-canada/

Why Warren Buffett Would Love to Own Shares of Air Canada
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