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What drives Air Canada's stock price?

What drives Air Canada's stock price?

Old May 9, 2017, 2:01 pm
  #256  
 
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Originally Posted by The smallest state
I must say at $10.58 per share (US) the price is good when you look at the size of the operation and we are coming up to summer (peak) season.
The knowlage of seasonal peaks and valleys is known to the market and, thus, built into the price.

The question you need to ask is "will this quarter be better or worse then expected".
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Old May 9, 2017, 2:24 pm
  #257  
 
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Worse
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Old May 9, 2017, 2:25 pm
  #258  
 
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.............but I am only guessing.
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Old May 9, 2017, 2:28 pm
  #259  
 
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Thing is.......it is a 50/50 guess for most of us. Yes you can put in research, look at historical trends, see what the greater economy is doing, watch what other airlines are doing, are they hiring or firing, see if there is any big events (ie Olympics, World Cups) that are on a heavily served route.............or you can pay someone to watch. To my knowledge nobody around here puts in the kind of research you would need to do to come up with an opinion about the trend of the stock price.

I mean, one guy even thought AC bought Jet Fuel for its plane's using a 'buy call' option strategy on West Texas Intermediate, which is a type of crude oil that is different from jet fuel.

.......one analyst did come out today and say AC is undervalued. He/she sounds like a full time analyst who follows stocks and puts a price point on their opinion.

Last edited by The smallest state; May 9, 2017 at 2:33 pm
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Old May 9, 2017, 2:32 pm
  #260  
 
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Then commence the shorting.
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Old May 9, 2017, 2:35 pm
  #261  
 
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Mid-term a shorting strategy can help long term investors. If they over short or the company has good news or good numbers it can cause a 'short squeeze' and really drive up the price as the shorties buy to cover.
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Old May 10, 2017, 3:23 pm
  #262  
 
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Insane run since last week, $12.56 -> $15.07 (20%)

https://ca.investing.com/equities/ai...istorical-data
Code:
Date	Price	Open	High	Low	Vol.	Change %
May 10, 2017	14.890	14.500	15.070	14.500	1.86M	2.27%
May 09, 2017	14.560	14.130	14.690	14.130	3.74M	3.34%
May 08, 2017	14.090	13.900	14.100	13.730	2.61M	1.08%
May 05, 2017	13.940	13.070	14.040	13.070	5.05M	8.99%
May 04, 2017	12.790	12.500	12.870	12.490	912.88K	1.51%
May 03, 2017	12.600	12.830	12.830	12.560	869.43K	-1.18%
I sold 500 @ $13.6, $14, $14.5, $15
Now waiting for next dip, if it comes
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Old May 11, 2017, 8:08 am
  #263  
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Air Canada stock up ~6% today, most likely due to Aeroplan changes!
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Old May 11, 2017, 8:46 am
  #264  
 
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Originally Posted by longtimeflyin
Air Canada stock up ~6% today, most likely due to Aeroplan changes!
Clearly (and after I sold too, obviously)

AC +8% to $16 (new ATH)
AIM -60% (ATL)
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Old May 11, 2017, 7:08 pm
  #265  
 
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Please reach 20 so I can initiate short position
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Old May 11, 2017, 10:13 pm
  #266  
 
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Originally Posted by jerryhung
Clearly (and after I sold too, obviously)

AC +8% to $16 (new ATH)
AIM -60% (ATL)
And a potential US announcement?
Markets love to predict.
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Old May 12, 2017, 7:54 am
  #267  
 
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Originally Posted by Jumper Jack
Please reach 20 so I can initiate short position
You or your dad?
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Old May 12, 2017, 9:30 am
  #268  
 
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Originally Posted by songsc
This question can only be correctly answered in the future. But it has a 50% chance of being correctly guessed now
I held. Should have sold yesterday! It's a tax sheltered small investment (TFSA), hence my lack of strategy beforehand. Amatuer hour over here in YYJ.
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Old May 12, 2017, 8:40 pm
  #269  
 
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Originally Posted by CanRulez
You or your dad?
Made enough on my TWTR trade to say me, or I could just use my salary lol
Small position though. Lotto play.
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Old May 15, 2017, 7:17 am
  #270  
 
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if anyone is long and getting nervous you can always sell some covered calls and get the option premium. I'm guessing implied Vol is high at the moment due to last week's activity.
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