What drives Air Canada's stock price?
Sep 23, 2017, 2:00 pm
#316
Join Date: Sep 2014
Location: sqrt(-united states of apologist)
Programs: *$ Green
Posts: 5,403
I'm simply amazed/loss of words at AC's insane run-up since May 2017, or even last 3 days (+15%). Momentum is so strong since they raised the guidance, then ER, then Investor Day
52 week $10 to $27.xx, wow
Obviously hindsight is 20-20 and why did I ever sell ..
or switch to US airlines, which have fallen hard since their mid-July highs
52 week $10 to $27.xx, wow
Obviously hindsight is 20-20 and why did I ever sell ..
or switch to US airlines, which have fallen hard since their mid-July highs
But if you based your investment strategy on butthurt low yield FT posters and AC rouge outcries, then shame on you! You should've known better and have been warned!
Speaking of which, I wonder if Jack bought his puts. H
If he did, he probably got a lot of margin calls in the last few weeks lol
Sep 23, 2017, 2:19 pm
#317
Join Date: Jan 2016
Location: YYZ
Programs: Only J via Peasant Points, 777HDPeasant or The Unexpected Virtue of Ignorance and Narcissism.
Posts: 5,953
The point of buying lotto puts is again, for the sake of "Lotto", hence the word "Lotto".
To answer your question, I didn't end up buying the Jan 2018 exp ones as I was too busy finding a job last couple of weeks , but still looking at Jan 2019 exp 15 Put for now.
But even If I had, please explain the concept of margin call to illustrate how I can lose much more than the 100 bucks I spent on buying those puts
Last edited by Jumper Jack; Sep 23, 2017 at 2:29 pm
Sep 23, 2017, 3:54 pm
#318
Join Date: Sep 2014
Location: sqrt(-united states of apologist)
Programs: *$ Green
Posts: 5,403
Well lets get a couple of things straight.
The point of buying lotto puts is again, for the sake of "Lotto", hence the word "Lotto".
To answer your question, I didn't end up buying the Jan 2018 exp ones as I was too busy finding a job last couple of weeks , but still looking at Jan 2019 exp 15 Put for now.
But even If I had, please explain the concept of margin call to illustrate how I can lose much more than the 100 bucks I spent on buying those puts
The point of buying lotto puts is again, for the sake of "Lotto", hence the word "Lotto".
To answer your question, I didn't end up buying the Jan 2018 exp ones as I was too busy finding a job last couple of weeks , but still looking at Jan 2019 exp 15 Put for now.
But even If I had, please explain the concept of margin call to illustrate how I can lose much more than the 100 bucks I spent on buying those puts
Oct 7, 2017, 4:25 pm
#319
Join Date: Dec 2002
Posts: 8,002
A couple videos from an analyst south of the border.
http://www.bnn.ca/video/airline-inve...part-1~1227319
http://www.bnn.ca/video/airline-inve...part-2~1227320
http://www.bnn.ca/video/airline-inve...part-1~1227319
http://www.bnn.ca/video/airline-inve...part-2~1227320
Oct 7, 2017, 5:39 pm
#320
Moderator, Air Canada; FlyerTalk Evangelist
Join Date: Feb 2015
Location: YYC
Programs: AC SE MM, FB Plat, WS Plat, BA Silver, DL GM, Marriott Plat, Hilton Gold, Accor Silver
Posts: 16,767
Well lets get a couple of things straight.
The point of buying lotto puts is again, for the sake of "Lotto", hence the word "Lotto".
To answer your question, I didn't end up buying the Jan 2018 exp ones as I was too busy finding a job last couple of weeks , but still looking at Jan 2019 exp 15 Put for now.
But even If I had, please explain the concept of margin call to illustrate how I can lose much more than the 100 bucks I spent on buying those puts
The point of buying lotto puts is again, for the sake of "Lotto", hence the word "Lotto".
To answer your question, I didn't end up buying the Jan 2018 exp ones as I was too busy finding a job last couple of weeks , but still looking at Jan 2019 exp 15 Put for now.
But even If I had, please explain the concept of margin call to illustrate how I can lose much more than the 100 bucks I spent on buying those puts
Oct 24, 2017, 10:13 am
#322
Join Date: Jun 2016
Programs: air miles
Posts: 283
Q3 report out tomorrow. Any speculation, purely speculation, on what the numbers might be and the effect it may have on stock price?
For reference stock price was below $20 prior to Q2 release and the price subsequently moved up to ~$26 (a 30% increase) in the following weeks.
For reference stock price was below $20 prior to Q2 release and the price subsequently moved up to ~$26 (a 30% increase) in the following weeks.
Nov 1, 2017, 9:28 pm
#326
Join Date: Mar 2007
Posts: 4,784
a week later, hell broke loose
AC -6%, broke $25, $24.5, and $24
worse than WJA even
Day's Range: 23.530 - 25.870
https://ca.investing.com/equities/air-canada
AC -6%, broke $25, $24.5, and $24
worse than WJA even
Day's Range: 23.530 - 25.870
https://ca.investing.com/equities/air-canada