What drives Air Canada's stock price?
May 9, 2017, 2:01 pm
#256
Join Date: Jan 2017
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The question you need to ask is "will this quarter be better or worse then expected".
May 9, 2017, 2:28 pm
#259
Join Date: Dec 2014
Location: Providence RI
Programs: American Exec Plat, Hyatt Refugeeist, Marriot Gold, Air Canada Cattle Class, Korean Air Morning Plat
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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.
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
May 9, 2017, 2:35 pm
#261
Join Date: Dec 2014
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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.
May 10, 2017, 3:23 pm
#262
Join Date: Mar 2007
Posts: 4,784
Insane run since last week, $12.56 -> $15.07 (20%)
https://ca.investing.com/equities/ai...istorical-data
I sold 500 @ $13.6, $14, $14.5, $15
Now waiting for next dip, if it comes
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%
Now waiting for next dip, if it comes
May 12, 2017, 9:30 am
#268
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May 12, 2017, 8:40 pm
#269
Join Date: Jan 2016
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