What drives Air Canada's stock price?

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Nov 4, 2016, 10:35 pm

#211

SparseFlyer

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Quote:

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.

Nov 5, 2016, 4:27 am

#212

KenHamer

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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.

Nov 5, 2016, 9:17 am

#213

quantumofforce

Join Date: May 2016

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Quote:

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

Nov 5, 2016, 10:27 am

#214

Shareholder

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Quote:

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.

Nov 18, 2016, 9:48 pm

#215

jerryhung

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new 52w high, OVER $14

Rising with US airlines as well

Nov 18, 2016, 10:03 pm

#216

KenHamer

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So I guess Buffett will be buying AC as well?

Nov 19, 2016, 10:07 am

#217

Shareholder

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Quote:

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!

Dec 15, 2016, 4:30 pm

#218

Bartolo

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Very amused to see that AC stock is a top pick for 2017 by RBC. See Globe.

Dec 15, 2016, 4:44 pm

#219

jerryhung

Join Date: Mar 2007

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Quote:

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