What drives Air Canada's stock price?
#391
Join Date: Aug 2013
Location: YVR - MILLS Waypoint (It's the third house on the left)
Programs: AC*SE100K, wood level status in various other programs
Posts: 6,171
And yet there's a bunch of analysts rating this as a buy.
The current situation is not something AC typically listed as a risk in their annual report. I suspect AC, and the industry as a whole, may start doing so going forward. As exceptional events go, this one is pretty exceptional. And material.
The current situation is not something AC typically listed as a risk in their annual report. I suspect AC, and the industry as a whole, may start doing so going forward. As exceptional events go, this one is pretty exceptional. And material.
#392
Join Date: Aug 2008
Location: トロント
Programs: IHG Gold
Posts: 4,809
And yet there's a bunch of analysts rating this as a buy.
The current situation is not something AC typically listed as a risk in their annual report. I suspect AC, and the industry as a whole, may start doing so going forward. As exceptional events go, this one is pretty exceptional. And material.
The current situation is not something AC typically listed as a risk in their annual report. I suspect AC, and the industry as a whole, may start doing so going forward. As exceptional events go, this one is pretty exceptional. And material.
My online trading company gives a little chart of how whether a stock is bullish or bearish. I look at it one week...90% are bullish, a week later that number is 30%. Most of it is just nonsense.
#393
Join Date: Mar 2007
Posts: 4,784
I surely didn't expect such rapid drop, given that the virus has been out and in the news for the LAST MONTH!! like people didn't care/notice? same for entire airline/cruise/hotel industry
$45, $43, $42, $40, $38, now $35
and tomorrow (futures -1.5%) even more?
Good thing I didn't buy that many, and will average down, but boy, wished we shorted instead
$45, $43, $42, $40, $38, now $35
and tomorrow (futures -1.5%) even more?
Good thing I didn't buy that many, and will average down, but boy, wished we shorted instead
#394
Join Date: Nov 2018
Location: Vancouver
Programs: AC SE100K 1MM, FB Platinum, Bonvoy Platinum Elite, IHG Gold Elite, Hilton Gold
Posts: 1,583
I surely didn't expect such rapid drop, given that the virus has been out and in the news for the LAST MONTH!! like people didn't care/notice? same for entire airline/cruise/hotel industry
$45, $43, $42, $40, $38, now $35
and tomorrow (futures -1.5%) even more?
Good thing I didn't buy that many, and will average down, but boy, wished we shorted instead
$45, $43, $42, $40, $38, now $35
and tomorrow (futures -1.5%) even more?
Good thing I didn't buy that many, and will average down, but boy, wished we shorted instead
#395
Join Date: Mar 2007
Posts: 4,784
another Crazy day, AC dipped to $31.67 and recovered to $35? before TSX halts
Globe has come out with article on buying AC on the dip (-30%?)
TD upgrades CHR after its recent drop (-20%?)
The speed of the drop is insane, all in a week and not yet finished
Globe has come out with article on buying AC on the dip (-30%?)
TD upgrades CHR after its recent drop (-20%?)
The speed of the drop is insane, all in a week and not yet finished
#403
Join Date: Jan 2018
Location: YVR/YEG/YYZ depending on day
Programs: E35K, FPC Platinum
Posts: 392
#404
Join Date: Mar 2007
Posts: 4,784
OUCH (as AC shareholder)
how fast things change, and I'm never BTFD again
-18% today $18
https://www.bnnbloomberg.ca/stock/AC:CT
Open 22.84
High 22.84
Low 15.65
52-Week High 52.71
52-Week Low 15.65
how fast things change, and I'm never BTFD again
-18% today $18
https://www.bnnbloomberg.ca/stock/AC:CT
Open 22.84
High 22.84
Low 15.65
52-Week High 52.71
52-Week Low 15.65
#405
FlyerTalk Evangelist
Join Date: Jun 2003
Location: YYC
Posts: 23,742
OUCH (as AC shareholder)
how fast things change, and I'm never BTFD again
-18% today $18
https://www.bnnbloomberg.ca/stock/AC:CT
Open 22.84
High 22.84
Low 15.65
52-Week High 52.71
52-Week Low 15.65
how fast things change, and I'm never BTFD again
-18% today $18
https://www.bnnbloomberg.ca/stock/AC:CT
Open 22.84
High 22.84
Low 15.65
52-Week High 52.71
52-Week Low 15.65
You'll be lucky if they don't end in bankruptcy protection. Which should be a requirement before a government bailout.
We have about 2/3 of our savings in cash or fixed income. Turns out being conservative was a good idea. Of course we could have had 100%...