Investing

AC.B - Air Canada

  • Last Updated:
  • Sep 13th, 2023 11:19 pm
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Newbie
User avatar
Nov 29, 2013
18 posts
1 upvote
I've been looking at this stock for a while now but it's been too high. With this recent tumble, what's a good price to buy in?
Deal Addict
User avatar
Mar 27, 2007
2721 posts
705 upvotes
togose wrote: I've been looking at this stock for a while now but it's been too high. With this recent tumble, what's a good price to buy in?
I'm gonna buy a bunch tuesday morning. sit on it for 6 months
Sr. Member
Nov 28, 2010
979 posts
176 upvotes
Toronto
ItechJester wrote: I'm gonna buy a bunch tuesday morning. sit on it for 6 months
Then do what? :)
Newbie
Jan 1, 2008
57 posts
7 upvotes
Edmonton
Let it drop, not a good time to buy into this, dont be fooled by its quick rise thinking this is temporary drop.
Sr. Member
Nov 28, 2010
979 posts
176 upvotes
Toronto
Skratch wrote: Let it drop, not a good time to buy into this, dont be fooled by its quick rise thinking this is temporary drop.
Monsieur has a crystal ball?
Sr. Member
Nov 28, 2010
979 posts
176 upvotes
Toronto
Does anybody know what is happening today?
Sr. Member
Oct 16, 2008
997 posts
182 upvotes
Toronto
yp_1 wrote: Does anybody know what is happening today?
wondering the same thing too... trying to get some news on it but not sure why there is the sudden jump...

Not sure if it's a random pump&dump vs. actual real news lol
Deal Fanatic
User avatar
Mar 31, 2007
5069 posts
3306 upvotes
Eh, personally I think the dump was a huge overreaction.
Newbie
Nov 24, 2013
2 posts
2 upvotes
WINNIPEG
Hello, new here just wondering why AC.B is the thread title versus AC.A?
Jr. Member
Jan 21, 2014
100 posts
2 upvotes
Up ~20% over what? Just sold half of my shares a week ago..
Newbie
Oct 6, 2008
28 posts
1 upvote
Company stated profits will be similar to last years quarter instead of a shortfall

I exited my position because I am still a little skeptical but if they can continue to cut costs and increase profits the next few quarters the stock can easily pick up to previous levels.
Jr. Member
Apr 23, 2012
155 posts
5 upvotes
Edmonton
owned it since the big drop in feb
it sure has its up and downs
but still very cheap when compared to us airlines
patience well deserved!
Deal Addict
Sep 9, 2010
4863 posts
3538 upvotes
Burnaby
+26% today, quite a jump in a single day ($5.77-->$7.31) Perhaps due to news of AC having finished deal with Boeing and good reviews about occupancy of cramped seating arrangements (the new standard at AC). It seems their gamble about slim, tight seating is paying off.
Deal Guru
User avatar
Dec 30, 2004
13095 posts
883 upvotes
Toronto
I'm still holding on to these stocks.... looking good so far. (currently up 60% from when I bought them)
Deal Addict
User avatar
Feb 16, 2009
1003 posts
183 upvotes
This stock seems to be explosive right now. I'm itching to pull the trigger but I don't understand why it's going up.
Deal Addict
User avatar
Mar 27, 2007
2721 posts
705 upvotes
ItechJester wrote: I'm gonna buy a bunch tuesday morning. sit on it for 6 months
So it's been 6 months and i sold my position today.... bought it around $6.... sold today mid-day before the big drop.

Up 65% in 6 months.
Newbie
Jan 14, 2013
10 posts
Toronto
Future looking bright again for air Canada, look for a big jump here next month, the contracts with employees are being ratified for 10 years, and they will post profit from last year in Feb. Air Canada will most likely double last years profit. Great time to buy as the stock plumits on fear. With contracts out of the way, and fuel prices dropping, profits should soar! Anyone who followed the last time I said to buy, would have made excellent profits! Time to listen again!

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